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Aurcana Silver Corporation (AUN.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.7300-0.0400 (-5.19%)
At close: 3:42PM EDT
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  • s
    sylvain
    made a big move on this stock...
    let's goo
  • A
    André
    I look forward to the results of the first monthly production to see if the optimism of the management is confirmed. For the month of October, the credibility of the management will be guaranteed if 270 tonnes have been processed per day and if the production of 250 to 290,000 ounces is observed with the costs as projected.
  • A
    ALEXANDER
    Will bitcoinholders have to sell there car after the big crash?
  • A
    ALEXANDER
    good news coming for silver.
    Load up the truck
  • A
    André
    In this last interview with K.Drover, details in particular about the lifespan of Virginius (decades), AISC (at $ 12 then $ 10) and he speaks ONLY of the initial zone which he describes as " LOW GRADE "compared to what awaits them a few meters above:" We anticipate our grade to be much higher "and finally the plans for Shafter. Isn't there enough to dispel some doubts?
    https://www.youtube.com/watch?v=gEc6O7oaPWQ
    Aurcana Starts Producing Silver with CEO Kevin Drover
    www.youtube.com
  • s
    simple_simon_over
    I’ve been investing in miners for 25 years now. Never have I seen a mine start without any hiccups. They are still doing very well imho. Looking forward to an official update.

    I found out a long time ago you’re better off being 6 months early than one day late in these situations. Stocks take off and never look back once cash flow is positive and dilution fears subside.
  • A
    André
    Why this 10% decrease when yesterday's interview with Kevin Drover does not contain any disappointing element?
  • C
    Cameron
    Cameron,

    Shortly we’ll put out an update.  Mining is on schedule but milling has been slower than expected to get the pan feeder set and the rollers aligned.  But we are very close to being able to have ore going through the mill.
  • M
    Mark
    Where is everyone. They started putting ore through the mill Friday. Current vein width is confirmed to be wider than their economic model- so far. That’s all great news. They are projecting to sell mined silver starting in September! What’s not to like?
  • A
    André
    While waiting for the first news of the operation of Virginius, I submit to your critics my assessment based on the latest forecasts on the optimistic assumption that the latter will prove to be realistic.
    Based on management's forecast of a cash flow for 2022 of 50M us with silver at $ 26 per ounce and has an AISC of $ 12 taking into account byproduct credits and energy inflation and materials, I obtain a valuation of 1.28 CAD per share after exercise of all the warrants and options - Details below: based on the CF of 2022, 50M * 1,269 = 63.45M CAD * 7 = 444.15 M. Exercise of options and warrants: 4.7M * 0.61 + 6M * 1.1 + 116.265M * 0.8, i.e. a total of 112.485M and 402M shares, which gives a valuation per share of 444.15 + 112.485 = 556.635 / 402 = 1.38 CAD for a current price of 0.74 or a revaluation coefficient of 86% minimum.
  • s
    sylvain
    this is positive news...... now lets just see where this will go..... very confident
  • J
    Jake
    Nice to see some good news on this. The 5 day chart is looking fantastic. Hopefully it can keep moving up nice and steady.
  • D
    Dennis
    Join the Aurcana Silver Corporation live webinar on Wed, 9/1 at 11:00 AM EDT.

    Register here: https://www.amvestcapital.com/webinar-directory/aurcana090121
  • A
    André
    Alexander and others,
    If we take into account the warrants and options which could bring the number of shares to a maximum of 397.5 million, in my opinion the CF of 50M planned for 2022 would justify a minimum price of 1.37 cad per share.
    What do you think, do you have an evaluation to suggest?
  • s
    sylvain
    anyone as an update on the start of production?
  • A
    André
    This Monday's update seems promising to me, but I admit that I do not have sufficient technical knowledge to appreciate the exploration results presented in the third paragraph. I hope that some of us will give their analysis of these results.
  • A
    André
    Kevin Drover said that for the first full year of production (2022), after-tax cash flow was conservatively estimated at us $ 50m with silver at $ 26 ounce. This represents 0.23 cad per share and a ratio of just over 3 over the current price, which seems to me to be too low a quote.
    The CEO also said that in 3 years, Aurcana should produce 6M. ounces of silver per year, what do you think would be the annual cash flow generated by such production?
  • A
    ALEXANDER
    If the E.C.B. meeting goes in favor of the euro we could see 1$ end of september.
    Lets wait and see.
  • A
    André
    AUN down while almost all mining is up quite significant today! Why this hesitation when the price has already fallen a lot?
  • A
    ALEXANDER
    Good recovery expected next week in all miners.