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Aurcana Corp (AUNh)

TSXV
Symbol
Exchange
Currency
AUNhTSXVCAD
AUNFFOTC MarketsUSD
AUNhCBOE CanadaCAD
Currency in CAD
Disclaimer
0.015
0.000(0.00%)
Closed

AUNh Comments

I bought a little at a penny and a half. a gamble but seems like it might run when silver and gold make a run later this year :)
I agree that this is big gamble. But so cheap that you just have to take a part :)
Sold today at a penny. With such a good run in the price of silver and no move in AUN made me sell
Wow that paid off nicely. Early christmas guys!!
dont know about u but im buying strong as ***
The value of this is >1,3
no way on god green earth is it worth anywhere near this price
what's the share price forecast for AUN?
think >3.5
im not sure now..
It is closely following silver lately. I have been wondering why eric sprott hasnt invested yet, maybe too small but i believe he has invested in other small miners
They invested a pile of dough in AUN and walked away like bandits... all happened before the rollback. Lenic is sailing on his yacht while the creamed shareholders are settling in the dust (including myself)
Took off with massive volume 🚀
I dont know why this is not responding to the rise in silver prices, our time should come soon 🤞
They still need to raise close to $20 mil and/or take on debt to start silver production. They took on debt to start work on their other mine in Texas which didn’t end well with declining silver prices. The mine was shut down and put on care & maintainance in late 2013. Aurcana lost a mine in Mexico to cover that debt. These are all the reasons for why this stock is still cheap.There is great positive change on the horizon. This company has both mines permitted and ready to start production 7 months after financing is available. They are sucessfully raising capital through private placements, as they are averse to taking on a high debt load now. There is significant exploration potential. This is a pure silver play, their market cap is greatly undervalued in my opinion, I would expect them to acquire capital and start production by Q1 of 2021. The management seems honest and competent, they would have done well this past decade but for the declining silver price since 2011.
Thanks for your detailed reply. I read they just announced a private placement worth 10 million two days ago, lets see how this goes and when they start to operate their SV mine. Some preparations already underway I understand.
when can we expect to know about the private placement?
how long before this project takes off ?
Volume really dropped on this
Very professional team and the shareprice will follow up as soon as the project is up and running!
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