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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
Post by gracz11on May 15, 2007 11:23am
260 Views
Post# 12782664

RE:AURCANA and histerical shareholders

RE:AURCANA and histerical shareholdersPlease RELAX volume is non existent and silver will be at 20$ this year and it will propably surpass it's all time high of 50$ which in todays $ is equal to 135$!!!!!!!!!!!Imagine where AUN share price will be . Do you remember .com valuations that is where we are heading. Conclusion Aurcana management has done an excellent job, and particular kudos are due to their outstanding Mexican relationships of which we understand many other juniors operating in that country are considerably envious. In sum, we believe that La Negra will be 100% owned, and will be expanded, Rosario will come online, a new mine will be acquired, reserves will grow, and drilling will yield consistent hot news flow. Given this, we see considerable catalysts leading to a higher share price in the next couple of months, and even more in the long term. Indeed, the combination of the above could result in C$1 per share in cash flow for 2009 at current commodity prices, and, we believe, a 24-month share price target of anywhere between C$6-C$10. Aurcana has already delivered multi-bagger returns to those who follow your correspondent’s work, but it is our belief that AUN, now on the institutional radar screen, is a blue-chip junior with great people and great properties to tuck away, because it is fairly low-risk and predictable, yet still can deliver exciting multi-bagger returns.
Bullboard Posts