IKN

More matter with less art

Round Eight! The “Friday-Night-Bury-That-News-While-Market-Players-Are-At-Happy-Hour” NR stakes

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.

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