Re: news 4 th quarter results
posted on
May 07, 2008 07:20PM
It's funny, we expect the first year a company is in production it must make money and then when it does not it is crucified in its share price. What I like about Aurcana is that it is going after increasing its production. Rosario is going to be explored more to increase its resource (mill has already been ordered for it) and now the new property is going to be worked on. Management certainly has ambitious plans. In these times these junior minors are not well respected so we are just going to have to have patience because it is only when the balance sheet gets proved up that most of these properties are recognized.