Aurcana (AUN.v), über-dog silver “producer” (word used very loosely), coughs up a Friday night classic which goes a little like this:
- Here are our 3q13 results!
- We produced more metal!
- Cash costs are down!
- And we kinda made a profit if you just look at that one thing up there, but…
- …net loss was $15.5m.
Oh, and we’ve closed down the Shafter mine in 4q13. Due to the ball mill breaking down. Oh, and the underground turbo blow-up. And the lack of ventilation. Y’know, minor things.