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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 Bentonstockson Apr 17, 2007 11:56am
313 Views
Post# 12623297

RE: Aurcana just highlighted on BNN...

RE: Aurcana just highlighted on BNN...Lou's discussion of AUN was not of any real value because he did not seem to be aware that the company had already started production. He kept stressing in response that the company "will be going into production at La Negra", which, as we know, is inaccurate based on the latrest NR. He emphasized problems of restarting old mines, Mother Nature, etc., and seemed to think more value would be generated by further exploration... I always listen to Lou, but this time, having intimate knowledge of the comany he was speaking about, namely AUN, I did not think his analysis was all that useful. In addition, he stated that it is usually much harder for a junior to go from the $2-3 range to the $10-15 range, than it is from pennies to over a $1-2, is often true, but I think in this case reflects a lack of appreciation, understanding, or familiarity with AUN's story... Furthermore, his advice to take some of the table was to the "caller" (Mike in Ottawa) who got in at $0.16.
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