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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 > yearly production
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Post by 9rookie on Jan 25, 2022 11:31am

yearly production

What is the yearly production planned to be once everything is up and running 3MOZ  silver equivaent , have you had a look at EDR , they a predicting a 7moz silver equivalent production , and their MC is at $870 , So just over double production of AUN when we are running at !00% and their MC is nearly 8,5 times AUN .
Comment by Lifexprt on Jan 25, 2022 11:39am
3 million? Try 4.5 in 2023 8-9 in 2024 Man do you people not research before investing?
Comment by 9rookie on Jan 25, 2022 12:43pm
Ok good , I was just spitballing it , so with 4.5 Million Ounces more than half of EDR , why is our MC 9 times less.
Comment by Lifexprt on Jan 25, 2022 12:49pm
Because It's one mine that has been delayed for some time. Much higher risk than EDR hence the penalty. Once they start going full production it will catch up especially after Shafter is put in production. For time being it is what it is.
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