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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 > latest news
View:
Post by cartpathcarl on May 31, 2022 7:26pm

latest news

Is this a continuation of the charade before we lose everything to the note holder.... or is something actually in the works but not quite signed off. Feels like 10 years ago when shareholders got screwed by little man Len... can you say...class action!!!
Comment by NinetyFourOctan on May 31, 2022 11:37pm
I think the extension to June 3rd is a positive development. Why would anyone agree to a "3 day" extension if there was not something close to being settled.  Again, walking away makes no sense to either Aurcana or Mercuria.  Time to pull up the sleeves and get to work mining that silver.  Ken being sick probably did not help matters      
Comment by andre171 on Jun 01, 2022 2:26am
This 4-day extension also seems to me to be a good omen. Indeed, it would have no meaning if the possibility of an agreement no longer existed!
Comment by deet on Jun 01, 2022 11:47am
I agree.  I think that news is imminent....hopefully good news that b enefits shareholders. Why agree on a 3-day extension if there is nothing at all to report? I bought this stock without realizing that financing is an issue. I thought that once they take care of the access troubles (by the end of May, they said), the mine would continue to operate at full capacity. Didn't think they ...more  
Comment by andre171 on Jun 01, 2022 12:21pm
Even if the funding problem were to be resolved shortly, it would still be essential to know what is happening with the progress of work on the elevator1 and the resumption of mining activities. The management had reported a regularized situation for the end of May. What about? The worst would be if the situation remained frozen and without progress due to cash flow problems! How to know more when ...more