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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
Post by coolslug1on Nov 11, 2011 9:55am
391 Views
Post# 19229357

Typical BS

Typical BS The company could have let the stock run up as it broke out a few days ago. The stock was easily on the way up past a dollar. But no, management decided to kill the run up with an unpriced offering which of course put such a damper on the stock that the court decision brought no additional value to the stock. Then to rub salt in, the company put a value of 65 cents per share. In other words the company said F you to the present shareholders. No wonder ETFs are so popular with so much BS, ineptness and corruption in precious metals companies these days. And then investors wonder why gold and silver stocks are doing so poorly while physical continues breaking records in this bull market.
Bullboard Posts