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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 JonEcashon Aug 14, 2007 4:55pm
248 Views
Post# 13244574

Canaccord report on ___

Canaccord report on ___This was taken from the BB of another stock that I am in, but I think you can easily apply it to AUN (especially the part about money in the bank). I've removed references to the stock the article about so as not to spam. J$ Another ugly day on the markets and it doesn’t matter anymore whether you are in blue chip bank stocks or the rough and tumble of the junior mining exploration business, you are not having a lot of fun. We had started asking where was the correction way back in February and of course, you never know what touches off corrections, but when times are too good for too long, you know something’s coming. Now things are getting a little bit painful, but the good news is that you’re starting to hear the voices that signal you might be near a bottom... “I can’t take it anymore, sell everything…” In the mining sector there has been some brutal hits. Take a look at ________, down significantly, but there’s something about the junior mining exploration sector people should be aware of...if the junior you are involved with needs money, in this market, they are “S.O.L”. The ability to finance right now has almost disappeared. A company like ________ with money in the bank and a big program ahead of itself all paid for, at least fundamentally is sitting well. If ________ works out as many followers think it could/should, this is hopefully just a 2 for 1 sale.
Bullboard Posts