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 bungee303on Apr 02, 2008 9:23pm

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Post# 14932900

RE: Halts, takeovers and Starcore

A scoping study can be filed as a NR43-101 - usually done as an outline of the potential mine - resources, mine life, type of mine, production, costs, NPV estimates, etc, etc, - full meal deal so a value can be placed on it and potential ROI which is needed for financing.

Interesting. Had a look on bcsc.bc.ca site regarding rules and this may be the problem:
https://www.bcsc.bc.ca/policy.aspx?id=2884& 43-101 Standards of Disclosure for Mineral Projects [NI]

8.2 Addressed to Issuer - All technical reports must be addressed to the issuer.

Seems rather petty as who cares about the name on the report as long as it was compliant. I am surprised that Jack Barnes volunteered so much information. Usually all parties are well versed with "I can neither confirm nor deny ...." It does speak well to AUN's being committed to becoming a mid-tier mining company. Also interesting that he was not aware of the 'shorting' issues. You would think by now that the companies themselves would be up in arms as it destroys their real market valuation based on facts and general market sentiment.