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Aurcana Silver Corp V.AUN.H

Aurcana Silver Corporation is a Canada-based company, which is engaged in the exploration, development, and operation of natural resource properties. The Company’s development properties are the Revenue-Virginius mine (the Revenue-Virginius mine or Ouray), located in Ouray Colorado and held through the Company’s 100% owned United States subsidiary, Ouray Silver Mines, Inc. (OSMI) and the Shafter silver property (the Shafter Silver Project or Shafter), located in Presidio County, Texas and held Aurcana Silver Corporation. The Revenue-Virginius mine is located in southwestern Colorado about 5.5 miles southwest of the town of Ouray. Access to the mine site is via County Road 361. The Shafter Silver Project, which is 375 miles southeast of El Paso, in Presidio County, southwest Texas, within a historic mining district.


TSXV:AUN.H - Post by User

Bullboard Posts
Comment by JonEcashon Jan 13, 2011 3:06pm
307 Views
Post# 17967880

RE: RE: Dudley Baker....

RE: RE: Dudley Baker....Thank you Dudley Baker!

I'm a buyer at this level. 
.58 is right at the 50DMA and is also oversold as it's outside the lower BB.  Can we go lower?  Possibly, but just think where AUN will be once the silver correction ends and Shafter gets that much closer to production.  Plus Instinet has been a buyer today, grabbing 345K shares at an average of
.64...

The biggest issue I see that will hold back the share price, is the fact that there is a TON of cheapies that will be coming online in a couple of months....

Sorry i've been away for a while guys, here's L2:

Market by Price
Bids
Total Size # of Orders Price 
48,500 9 0.580
28,000 2 0.570
21,000 4 0.560
25,600 6 0.550
20,600 3 0.540
Asks
Price # of Orders Total Size
0.590  2,500 
0.600  27,500 
0.620  2,000 
0.630  20,000 
0.640  8,200

J$
Bullboard Posts