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Podcast: Mining Stock Education
Episode: Aurcana Silver: from 10-bagger to Huge Disappointment…Bill Powers shares analysis & lessons learned
Description: In this episode, Bill Powers shares his analysis and lessons learned from investing in Aurcana Silver from January 2020 until now. Last week Bill sold his final Aurcana shares for about C$.18/share. Bill initially invested via a private placement in early 2020 at C$.22/share with a full C$.375 three-year warrant. At one point in early 2021 Bill was up almost 10x on his Aurcana investment (when considering the in-the-money value of the warrants in addition to the equity). After exiting the stock last week Bill’s net gain on Aurcana was about 200%. Aurcana was a show sponsor from January 2020 until September 2021.
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