Aurcana Corporation Message Board
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Shafter
I've been driving by the Shafter project about once a week for two years watching their progress. It's looking really good from the road, in terms of capital equipment and the operation seems going strong, so I decided to buy the stock about two months ago. One of the managers was on Marfa Public Radio with statements of conservative estimates of about 4 to 5 million ounces of silver projected to be mined over several years. Could be a good investment.
Sentiment: Strong Sell
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Shaftner will be interesting, because of higher wages, and fuel cost
in the USA. -
Can you see ore actually being removed from the mine? Or is it coming from the open pit only?
- 1 Reply to maquanpond
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Not a pit, there was an old silver mine in Shafter that's been productive on and off for centuries. New mining technology and the price of Ag has made it profitable again. Other precious metals are there too including Au.
Sentiment: Strong Buy
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Have you tried to Google Earth it? Does anybody have a physical address to type in?
- 1 Reply to colelittle96
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The operation is called Rio Grande Mining Company, a sub of Aurcana, it's in Presidio County, just off hwy 67 in Shafter, TX
Sentiment: Strong Buy
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