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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 kroghon Aug 31, 2006 6:34pm
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Post# 11303569

RE: 1000 TPD plant

RE: 1000 TPD plantWe should also remember that AUN only has 80% interest in La Negra, so 800 tpd is probably closer to the truth than 1000 tpd in a cash flow calculation. AUN might get around 50 million CAD in annual cash flow, so a share price of 3 CAD should be possible within a year. Good luck.
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