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.

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Aurcana Silver Corp

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Comment by JonEcashon Nov 09, 2007 12:35pm

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Post# 13783956

RE: this is a producer

Couldn't agree more! If we take the $20M earnings that management put out in one of their recent NR's (which they also admitted to Benton was VERY CONSERVATIVE), then we get about $0.20 EPS. So even without all of the other things going on, we are trading at 4.25x EPS! I expect earnings to be better than that, and we should be trading at a mulitple of between 6-10x when all is said and done. Do the math and see how much of a steal this is..... J$

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