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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 zzthnxon May 22, 2007 7:52pm
309 Views
Post# 12821555

Not to worry

Not to worryWe're doing the same thing we did in late February when the SP plummeted to around $1.08. After that bottom, we started heading back up quickly and then got the news about the PP closing, followed by the La Negra production announcement and then we were up, up and away. I predict that today's low of $1.34 was the bottom and we're heading up from here. We do need news, though. That's what's starving the SP. Fortunately, we should be hearing news shortly. There's the NI 43-101 report due, news about Rosario acquisition, offtake agreements, etc. Just be patient. AUN has excellent management and are slowly but methodically building a company that will make us very happy in due time. IMO. zz
Bullboard Posts