Through the first three qtrs this last year Aurcana had 14+ operating cash flows (includes a qtr with silver in range between 26-28) For the year $20 million looks about right. That is with 2.5 million silver equivalent in sales.
During 2014 Aurcana should have reached 10 million in equivalent ozs level in production with about 4 times the cash flow... maybe more as a conservative estimate.
That is well over $1.00 per reverse split share. What multiple do you want to put on that??? 10 times ... 20 times...
I agree. I'm trying to grab another 25,000 shares this morning. AUNFF Is going to enable me to retire in 12-24 months. If the price gets more ridiculous I'll increase my purchases even more to accelerate my retirement plan.