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 JonEcashon Feb 07, 2012 3:30pm

502 Views

Post# 19501433

RE: RE: Just a guess....

Hey Dazed, am always here to help. In my post I stated that March's trading will be dependent on news, the POS, and where we are technically. If we don't get any news then it's totally possible that we sell down a bit but not huge (so not worth trading any core shares). Per Checkmate28's post, if the warrants at 41 can stall us, then why can't 53M shares at 65? If only 10% of them decide to take profit, then that's 5 average trading days of selling volume.

Regardless, it would be a healthy correction in my view, since the shares would then move into stronger hands for the next level. I just wanted to put it out there, so that anyone could trade it if they wanted to, or not panic if the price corrects. Because I fully agree with you that Shafter is the HUGE catalyst; that can blow all this technical reasoning and possible profit-taking out of the water!

Cheers.

J$

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