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

Post by Bentonstockson Jul 16, 2007 12:12pm

305 Views

Post# 13095100

Observation/question...

In looking at the chart for AUN, it is obvious that there was much more volatility around this support level of 1.20 prior to the spike up to the near $2.00 level than there is now. Particularly in late June and into July, AUN has stabilized at the $1.20 level... So my question/speculation is that this seems to support our (pipefit's) idea that the most recent financing is keeping a secure lid on the SP. It seems people continue to sell of their $1.25 shares... Why else would the SP be so securely anchored at these levels with very little volatility?? Thoughts? Regards, Bentonstocks

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading