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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 JonEcashon Nov 10, 2006 12:24pm
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Post# 11657449

RE: Just some quick questions

RE: Just some quick questionsI'm not sure about large institutions (but isn't there a way to find out?). Anyways, per their June interim f/s, as at June 30, 2006 the company had just under $4M in cash compared to only $136K in total debt! Most of this cash was from their last financing and forced conversion of warrants, is to be used to bring the La Negra mine into production. Others can provide more info, as I don't have too much time. Dig deeper and you'll find lots of good things about this one. Welcome aboard, you're in a good place. J$
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Dealroom for high-potential pre-IPO opportunities