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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 Banman17on Dec 19, 2006 4:53pm
1002 Views
Post# 11893997

Bullish Flag formation

Bullish Flag formationThis stock is forming the textbook bullish flag formation. (See Technical Analysis of Stock Trends by Edwards and Magee pg 186 and pg 192). Notice how volume is decreasing as the price decreases, meaning the selling is subsiding, and soon it should have another rise similar to it's latest breakout. In fact, using this formation, you can measure what the potential move will be. The good thing is that stocks behaving like this usually exceed the measured move so it looks very nice for AUN in the future. With the plant starting up soon, that should provide the impetus for another nice surge forward.
Bullboard Posts
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