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Aurcana Silver Corp V.AUN.H

Metals & Mining Silver
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

Aurcana Silver Corp
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Comment by moneymotivatoron Sep 07, 2011 9:52pm
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Post# 19020519

RE: Seems someone knows something

RE: Seems someone knows somethinghard to say seems to be trading at a discount fosho! any idea what this little legal battle is about anyways?
https://www.bcbusinessonline.ca/sites/default/files/InvestorsGuideSept2011.pdf
Interesting to read their Shafter mine which is scheduled for completion in May 2012 is expected to produce 10% of all the silver in the United States in addition to its current production. The float is already still pretty bad and they still need to raise more money to complete it I have been hearing. I still kinda prefer Silvercrest nice cashflows, balance sheet and float fosho!
Cheers,
MM
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