Yes!!! 
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Hate to say this , but professionals would have drilled the area, especially since the depth was so shallow, Cost would have been extremely so minimal due to the shallow depth of the drill holes.
Couple of $thousand to define the resource.Why spent $M or $T dollars following a vein ??? Makes no sense.
You do not make a mine by following a vein !!!
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As someone who’s actually interested in understanding the fundamentals of this investment I’ve reached out to Maurizio and signed an NDA. As I respect him and the ethical merits (and legal repercussions) of violating an NDA my comments going forward will be limited to public knowledge/ opinions.
Good luck!!
Yea ok John and I won the Powerball jackpot! No way will he be giving you any info regarding this investment outside of a quarterly update, especially after calling him a liar. Thanks for trying!
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I manage a public and private equity fund that are specifically focused on what he’s trying to finance. We’ve met over a dozen times. The NDA has been signed. If you think that my making a mockery of the “Docs” on this board deter Maurizio from pursuing finance opportunities in the real world, it would not surprise me. I have no doubt that he has the occasional (ironic) chuckle on the fantasitcal
posts offered here.
I’m sure he’s saying after all of these years: “why don’t they just ask me”
Embarrassing
Please share with us on this forum the reason he did not go with your for financing? By the tone of your posts it sounds that you’re a very upset at him for not going with you financing team. Correct me if I’m wrong
Do you understand what an NDA is? Is about non-disclosing proprietary information. But, for what its worth, I have not received any proprietary information and therefore have not been able to consider proposed financing terms.
After poking the dentist and others for not speaking with the company for answers I figured I’d do it myself. Maurizio responded to my email in under two hours this evening.
I do not see Maurizio email address on the Auryn website. Please can you PM his email address? I will be glad to ask him questions.
Quarterly updates like previous ones without any news for the next year will be a set back for shareholders as we have been here for such a long time and the past five years have not seen any SP appreciation. I don’t want to sound pessimistic but that is reality. As I said before to get the SP moving we need some kind of JV or something very positive to get this moving. I really don’t want to wait another 5 years with just quarterly updates.
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Nice to see everyone here is still bitching at each other. Keep up the good work, team!
So, did MC disclose anything helpful to you at all? Anything that wasn’t already disclosed in the Shareholder Updates?
Yes, an NDA. So why do you criticize anyone else on this board if they don’t, or didn’t call MC?
And just think what they would have banked if they were shipping ore from over two years ago as they specifically told us, in writing, they were doing? $150million, $200million? What could they have done with this money? But no, they lied. They said they have been shipping ore and they were not. Why? I don’t know, they haven’t told us why.
So instead of building the flotation plant from cash and maybe even their own smelting plant at the base of the mountain, they have now told all the shareholders to buckle up, we are diluting your shares because we lied to you. To -
(that’s a negative sign BTW) and below!! I wonder how many decimal places you can go before you get delisted? ARYN is just below a half a cent while MDMN is leading the pack a 8/10000th’s of a cent. Very impressive!
Lying to your shareholders and stockpiling ore really has added shareholder value and made ARYN a household name.
I haven’t received any information. I just signed the NDA. It only took Maurizio two hours to reply to my request for one. Anyone on this board can call Maurizio and ask questions that wouldn’t need to be convered by an NDA. I’m sure they would learn a lot. Enough information to maybe even stop the endless, inaccurate speculations. But, I think that’s exactly why they hide behind their keyboards and “industry stats.” I’m not sure they could handle a dose of reality to go along with a sub/sub/sub penny stock nor do I believe the Doc, etc could stomach sharing anything negative he learned with this board.
Keeping the blinders on is easier than addressing the facts.
Attacking the individual who continues to raise flags (accurately) vs. the point(s) the individual is making.
This is EXACTLY how investors have arrived at this unfortunate outcome.
I’ve signed the NDA to access information specific to the financing the company is seeking and anything proprietary l learn through that process will be non-diclosed as I’m legally exposed.
Did they really say they were producing ore from the mines prior to July 2023? Enami had only granted AUMC the Mining Register on July 4th. Until then, Auryn was not authorized to deliver ore to ENAMI for the sale of the minerals. It’s my understanding that all earlier shipments were part of the testing analysis process.
Granted, communication from management leaves much to be desired, but I don’t believe they flat out lied about that.
You’ve been attacked on this board? For raising possible flags that you declare as factually ‘accurate’? And have these attacks been totally unprovoked & full of personal insults?
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https://aurynminingcorp.com/january-2021-shareholder-notification/
https://aurynminingcorp.com/april-2021-shareholder-update/
https://aurynminingcorp.com/july-2021-shareholder-update/
https://aurynminingcorp.com/october-2021-shareholder-update/
https://aurynminingcorp.com/january-2022-shareholder-update/
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They promised the permits back in 2021, when they said they applied for them (see press releases above).
I agree 100%. And if they had been shipping ore like they said they were doing since 2021, they could have paid for the drilling to prove out the ore in the ground. It’s inexcusable they told us they were getting the permits and shipping the ore when they were not.
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That’s what Les Price (piece of sh@t) used to do while he stole our money with BS share expansion
Hi jak167, thanks for posting these Shareholder Updates for reference. From the 2021-2022 updates, I see there are Accomplishments and Objectives. Terminologies they used are samples, experimental work, stockpiling, and exploitation. Management’s ability to differentiate between them definitely needs improvement.
I reviewed each of the Shareholder Updates you provided, but none of them stated that they were in full exploitation sell-for-profit production mode prior to July 4th 2023. They only had temporary permits to ship ore for sampling, testing and limited payment for those small batches.
The only statements made about full or for-profit production are those made under Objectives. They’re not under Accomplishments.
Q1 2021 – ACCOMPLISHMENTS (From January 2021 Update)
- Started production of ore from old mine works. Small amounts of ore (in the order of two to three tons per day) were stockpiled. Samples were submitted to two laboratories for analysis.
- AURYN has a temporary permit for exploration and exploitation. Under this permit AURYN shipped 9 tons of ore at 45 g/t Au to Enami for processing. We expect the definitive permit to be issued next week.
Q1 2021 – OBJECTIVES (From January 2021)
- Start selling ore (mineral) to ENAMI for processing or smelting, permit pending and expected to be obtained within this period.
Q1 2021 – ACCOMPLISHMENTS (From April 2021 Update)
- AURYN has a temporary permit for exploration and exploitation. Under this permit AURYN shipped 9 tons of ore at 45 g/t Au to Enami for processing. We expect the definitive permit to be issued next week.
Q2 2021 – OBJECTIVES (From April 2021)
- Intersect the Don Luis vein and begin exploitation on multiple fronts with regular shipments of ore to Enami. AURYN will ship to two different processing plants. Material with grades over 25 g/t Au will be shipped to one location for direct smelting. Grades below 25 g/t Au will be sent to a second location for flotation processing.
Q2 2021 – ACCOMPLISHMENTS (From July 2021 Update)
- As announced AURYN sent 9 tons of ore to Enami for processing with a result of 45 grams of gold per ton. The remaining ore has been stock-piled and will be processed once AURYN begins regular shipments of ore to Enami.
Q3 2021 – OBJECTIVES (From July 2021)
- Begin an exploitation plan on the Don Luis vein on multiple fronts with regular shipments of ore to Enami along with the existing ore that has been stockpiled.
October 2021 Update was more of the same. Accomplishments & Objectives.
Q4 2021 – ACCOMPLISHMENTS (Ending January 2021 Update)
Intercepting the Don Luis vein
- “Our primary objective remains intercepting the Don Luis vein and beginning exploitation with regular shipments of ore to ENAMI. …”
Q1 2022 – OBJECTIVES (From January 2022)
-
Continue the extension of the Antonino tunnel and intersect the Don Luis vein. Once intercepted, an announcement will be made, and production will start immediately.
-
Start production on multiple faces on the Don Luis vein.
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