All I can do is hold this POS. I did transfer to a ROTH IRA, pay the taxes on $4k. Could have waited and paid taxes on $2k
TDK
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After listening to multiple interviews of Quinton Hennigh of Novo Resources (and at the same time advisor to multiple other companies), I think MDMN/Auryn would do well to HIRE this guy in one capacity or another. Not only is he a guru on current exploration AND mining technology, he has a Rolodex of business contacts all over the world that could benefit ANY company. My bet is he and Dick Sillitoe know one another VERY well. Just saying.
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Is the $2.71 price for the fish you’re holding ? LOL
Auryn has released their latest quarterly financial statements:
https://www.otcmarkets.com/stock/AUMC/disclosure
Only thing I saw of interest was:
- Hochschild JV seems to still be active.
- "Activity at the Fortuna site has consisted of draining water from historic underground workings, removing thick layers of mud, upgrading the wooden supports as required and accessing the veins. Continued work is planned during the second half of 2020 to expose the vein along strike and at a lower depth. A small production of gold is expected. "
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Great news! Thanks Mike!
Rob McEwen recently commented something to the effect that it is hard to be profitable in South America. I guess he is right.
After today’s financial news we’ll see if we can get the SP going back north this week. I would hate to miss the ship once they release a PR on “a small production of gold is expected”
Well there goes BE’s statement “Based on my conversations, there is nothing in the works as of yet.”
Hulkster. No, I’lll stand by my statement and, in reading the small blurb, I don’t see how any objective individual could read that as anything but a very high level “update” with no substance. The company has been “expecting” a lot of things over the past few years. They have dewatered (still), nothing going on due due Corona, no visibility from a financing standpoint.
Keep in mind, most of my points were made as a rebuttal to BB where I simply asked him to speak to the the company before making his promotional speculations. For whatever reason he has decided not to and/or failed to report back to revise his “pumping”.
Take a look at my post from July 2nd. I’ll stick with those points until hearing otherwise but, like I said, a rising gold market heals most wounds. If they are able to raise a small amount of money a very small scale production could be possible (albeit highly unlikely) in the second half. The bigger question would be: if 750-1000 ounces a year will be a welcome development or a disappointment given some of the other numbers/estimates thrown out on this board?
I think it’s probably the latter but, in actuality, for those willing to exercise extreme patience, this could be an option to slowly self-fund an expansion over many years without knee capping current shareholders with excessive dilution.
At this point, a few actual gold nuggets out of Lampa using a pick and shovel would be welcome news!
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Some news is better than no news but will believe it when I see it
It would also be much better news if we actually had Auryn conversion shares
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Almost 10 million shares traded somebody dumped a nice position
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I picked up a few shares this morning. Now looking to some Auryn this afternoon
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1M at 0.0013 this morning. Now looking for 20K of Auryn at 0.26. Even with the buy this morning my average is above 2 cents in Medinah. I have positions in it from 2012. So I am in it for the long term
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Well, it looks like we may drift to 0.0012. Hopefully not but if it does it makes picking up shares easy.
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Gold back up over 2000 with silver almost up a dollar. Let’s go Auryn
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With the sharks feeding on the small fish I think its time for the Orcas to come in and feed on the sharks
Anybody having trouble getting onto TD Think or swim trading platform? My tells me installing updates and it’s been over an hour. Same message came yesterday than after 30 min asked for my log in credentials / check your internet connection but all is good on that end.
It is a known issue the last two days.
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The last update Cordoba issued was Nov. 2019, wow almost 1 year. Last year they issued 3 updates they are overdue.
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