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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
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(10)
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Comment by zzthnxon Oct 31, 2007 10:33pm
234 Views
Post# 13730230

RE: I''''m envious.....

RE: I''''m envious....."Warrant Exercise Price: $1.85 for an 18-month period. The warrants are subject to an accelerated exercise provision in the event the closing price of the Company's shares is trading at or above $3.00 per share for 20 consecutive trading days subsequent to four months from closing." Let's see, 18 months from March, 2007 is Sept., 2008. That means that in order for the $3.00 provision to kick in, we need to go up by about 330% within 10 months from now. I think that's going to happen, which shows what a bargain the SP is right now.
Bullboard Posts
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