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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 Cokedrunkon Oct 25, 2007 1:18pm
165 Views
Post# 13688592

Pipefit2 We are trading at 3X CF now

Pipefit2 We are trading at 3X CF nowNotice that his profile was created this month on the 13th. Talking about "Cash Cost" when he should have meant "Cash Flow". Trying to scare the people who haven't done their due diligence aren't you? Two totally different stuff. Cash Flows means we are making money you know? We are trading at 3X CF if you take the 16 million from the bank and subtract that from the Market Cap. Severely undervalue, this looks like the final shakeout either today or tomorrow. Maybe we will see $.81 tomorrow, but I wouldn't bet on it. If you take the projected CF from the last update and multiply it by 7.5. We should have MC up at 150 million. Not taking the 16million in the bank to account. The SP should be at $1.65, 150million/90,543,933 = $1.65. The news from the NI 13-101 and the earnings report should get us above $1.20 and maybe back to our previous trading range at $1.20-$1.60. You only lose if you sell for a loss. When bashers appear out of nowhere, it is a very good sign a bullish reversal is about to happen. Holding out to end of next month if I have to, where we will get our earnings report and the NI 13-101. GLTA
Bullboard Posts