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Aurcana Corporation Message Board

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  • edmundaronson edmundaronson Dec 3, 2012 5:18 AM Flag

    wull aurcana do r/s

    i had and have position in cde bought off crash bottom .56, cde had 800million shares with 80 million shorts and facing delisting-cde announced it was doing a reverse split went t quickly to 1.70 close to a triple settled at 1,40 or 14.40-cde now debt free,,69% owned by institutions,,,a billion in sales,,,200 mill in bank and a 89. mill share structure and still going down on 100 mill buyback-if a r/s done with good fundamentals and not cosmetic it allows company to be bought by certain institutions with price restrictions ., allows access to exchanges and margin and options -but if you like stocks with 100's and 100's of million's in shares and a 1.00 price tag that appeals to penny stock buyers thats cool- i have huge profits in cde and a turned around company with long life mines, 20 million oz silver production, 225,000 gold production debt free and all new management my experience was positive although others that financed the building and dilution and have not seen cde return to old highs which i blame partially the on etf's and then comex ,hedge funds and algo volitility

 
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