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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 > Article on Seekingalpha
View:
Post by andre171 on Feb 08, 2022 2:56pm

Article on Seekingalpha

New article from Taylor Dart:
https://seekingalpha.com/article/4484965-aurcana-an-inferior-way-to-buy-the-dip?mailingid=26634820&messageid=2800&serial=26634820.4921&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=2663948120.4921
 
It is clear that its forecast of a 2022 production of barely half of the forecasts is realistic.
Like him, we can only deplore the new dilution of capital.
However, in my opinion, compared to the situation at the beginning of December, I consider that Aurcana retains the same potential, while having its development delayed by 6 months, with a diluted capital of + 8%. With the price of silver more or less equal, does this justify a halving of the share price, that is the question ?
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