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basserdan

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basserdan

Re: tootalljones post# 858

Thursday, 11/06/2014 11:30:29 AM

Thursday, November 06, 2014 11:30:29 AM

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<<<Also, now that the company is producing, it is the worst time becasue now they produce at a huge loss, right?>>>

Do you have anything that confirms the above to be accurate?

The last reference from Aurcana re their production costs that I could find was this from their 1Q Report:

* Total cash cost per silver ounce, net of by products, decreased 30% to $6.22 in Q1, 2014, compared to $8.82 in Q1, 2013, due to economies of scale of increased production.

http://www.aurcana.com/news/2014/index.php?&content_id=349








Dan

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