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Bullboard - Stock Discussion Forum Aurcana Silver Corp V.AUN.H

Aurcana Silver Corporation is a Canada-based company, which is engaged in the exploration, development, and operation of natural resource properties. The Company’s development properties are the Revenue-Virginius mine (the Revenue-Virginius mine or Ouray), located in Ouray Colorado and held through the Company’s 100% owned United States subsidiary, Ouray Silver Mines, Inc. (OSMI) and the... see more

TSXV:AUN.H - Post Discussion

Aurcana Silver Corp > More dilution
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Post by 9rookie on Jan 23, 2022 10:17am

More dilution

I don't think there will be more financing , they just did a financing for $9 million at $.70 a share in October 2021 , the people who financed them in October at $.70 won't be to happy with a PP at $.35 unless maybe it's the same people , but I doubt it.
Comment by andre171 on Jan 23, 2022 11:05am
What will be decisive is the real need for financing, regardless of the feeling of those who invested in October! Moreover, if normal operations resume in 3 months, the price of 0.7 will still be favorable in my opinion. Indeed if the forecasts issued at the end of 2021 are again valid, the price of Aurcana should progress well!
Comment by TeamEddie on Jan 23, 2022 3:47pm
There wil be a financing 
Comment by Bman1234 on Jan 23, 2022 6:52pm
Maybe, we will see soon. Either way, get the money and repair everything, let's go. Silver is going up up up.