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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
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Comment by zzthnxon Nov 24, 2007 9:51am
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Post# 13861609

RE: AUN finacial statements are out. go to

RE: AUN finacial statements are out. go toI appreciate your take on things Nosleep, and I'm certainly staying with AUN for the long haul because it's a solid company with excellent upside potential. I guess my only disappointment was that I didn't realize that it would take so long to optimize production to net more than $837 per day (753,000 / 90 days), while processing 1,000 TPD. Remember we started production back in early April. In order to get to $20 mil. cash flow with La Negra, they'll need to improve by around almost 700% over what they reported for Q3 (7 * 753,000 = 5,271,000 per quarter).
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