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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
Comment by JonEcashon Oct 14, 2006 10:11pm
245 Views
Post# 11504626

RE: Another one to watch - curbside

RE: Another one to watch - curbsideYeah SKE is quite appealing based on the potential of the properties they hold and the fact that drill results should be out soon. With Ron N on that board you know that they are being run well. The only thing is I prefer stocks that are a little more under the radar and not as volatile based on speculation. SKE's gone up pretty fast already. With the way the markets are going right now, I also feel safer in the companies that are going to be producing rather than just exploration plays. Since they will have defined value and cashflows to fund future exploration. So if you guys are looking to diversify into another near-term producer that is undervalued right now have a look at AUQ. It can be had for around 29cents and it's to be producing gold by the end of this year along with drill results in Nevada. There's plenty of good DD in that thread along with reasonable valuations of anywhere between $0.60 to $1 before 2007. Sorry if I'm talking about other stocks, but I'm just so comfortable and loaded with AUN that I don't really think about it. I don't think it will move as soon we expect though since the production is a little slower than I initially thought. But once it does and they firm up additional resources, we will have heavy fund buying rather than just retail IMHO. GLTA. J$
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