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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Post by bungee303on Apr 04, 2008 5:52pm

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Post# 14940888

Casey's Daily Resource Plus

AUN getting more press today:

"Aurcana went shopping and picked up the Shafter silver mine in Texas from Silver Standard Resources. The price tag is $23-million in cash, plus 15 million Aurcana shares and a $10-million convertible debenture paying a 3% with a three-year term that is convertible into 6.62 million Aurcana shares at C$1.51 per share. Aurcana ended the day up C$0.05 at C$0.69 and Silver Standard closed at C$30.53 for a C$0.20 loss."

Today's Don Coxe, still big on commodities https://events.startcast.com/events/199/B0003/code/eventframe.asp

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