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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
Bullboard Posts
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Comment by JonEcashon Sep 21, 2006 12:54pm
189 Views
Post# 11397626

RE: Strong Headwinds yet

RE: Strong Headwinds yetI knew I should have trusted my T/A analysis and saw that we could touch this low. However, I did not and rebought shares at 70 cents; since I figured fundamentally we are sound and there were some strong hands. That being said, looking at the charts I do not believe we will get below 50 cents at all. We are approaching seriously OVERSOLD territory; probably due to some profit-taking, panic-induced selling and overreaction to the PM correction, along with some stop-losses being triggered. The volume is decreasing more and more, as less people are willing to part with their shares. It may take us a while to climb back up, but you can bet that we definitely will. My money is staying here. I'm looking to sell off some other stocks and will buy here if I can. GLTA.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities