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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 Banman17on Mar 16, 2008 3:34pm
254 Views
Post# 14728800

Golden cross

Golden crossExtrapolating about a month out,if AUN continues to rise at the same rate, it looks like we will have the 50 dma cross above the 200 dma, which should be a major buy signal.  This is known as a golden cross, and bodes well for future increases in price.  The real method is to analyse the Volume & Spread (volume-spread analysis) as made famous by Wyckoff.  Recommended reading to understand the true principles of Supply and Demand on any market.
Banman
Bullboard Posts