I noticed that the Q1 2019 Production Report from Hochschild did not mention anything regarding
any activity in regards to the Las Dos Maria Project. In the release from Auryn it stated that
"phase 1 work on Las Dos Marias project began on September 23, 2018. This phase includes re-logging and assaying existing drill cores and systematic sampling at surface and inside both tunnels. Phase 1 concludes on Friday, October 12, 2018. Phase 2 will begin on Monday, October 22, 2018, and we expect a Phase 3 to be completed prior to the end of 2018". In light of the fact that none of this was mentioned in Hochschild’s Q1 2019 Report, I made an effort to make contact with a representative of Hochshild. My question to their representative was “why the Las Dos Marias Project was left out of the Q1 Production Report”. The representative’s answer was, “We have a number of JVs/options on very early stage projects and we do not always report on them. If there are some notable results then of course we will update the market.”
This was posted in the Q1 2019 Production Report under Exploration Highlights.
“§ Greenfield programme: initial exploration work set to begin at three projects in Chile and the US”
I made a second effort to see if this statement was in reference to the Las Dos Marias Project.
Their response was, “No it doesn't. It references work with Alianza Minerals, Mirasol Resources and Renaissance Gold.”
Auryn management has stated that they would keep shareholders posted as things progress. It’s been four months since hopefully phase 3 was completed. Maurizio, we are waiting to hear from you. Where is the transparency you promised. Maybe you are just waiting until you can find some additional reason to asses an expense against Medinah and further reduce our shares of Auryn stock. Is it really all that difficult to figure out a way to allocate AUMC shares to current MDMN shareholders. From what I am being told, there are two easy ways to clear the stock of Auryn legally which takes about two weeks to complete.
