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Aurcana Corporation Message Board

  • plfblue7 plfblue7 Jun 27, 2013 6:02 PM Flag

    My Guess

    I am not invested in this stock but it is not hard to notice down 17% on a silver miner when most were up.
    I can only think one or both of the mines are not doing as well as stated. Or maybe the cost of producing an ounce of silver is much higher than reported. In most reverse splits something is really bad happening within the company especially a 1:8 reverse not good. It is down about 75% from it's reverse split that would mean something is drasticly wrong with this company. I would think soon an announcement that one of it's mines will be shuttered if silver prices don't recover soon. And silver looks like it will test the $13.00 range this summer. The stock holders have been taken out to the barn so to say. I am not sure I would trust anything
    the management of this company has to say going forward.

0.1935-0.0065(-3.25%)10:07 AMEDT