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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
Comment by Banman17on Apr 04, 2008 10:42pm
333 Views
Post# 14941406

Moving Averages Cross coming up

Moving Averages Cross coming upIf you look at a 1 year chart and see what happened when the 50 dma crossed below the 200 dma, you'll see there was additional selling.  Now the reverse will be happening soon, ie, the 50 dma will be crossing above the 200 dma, which is a bullish cross, sometimes referred to as a golden cross.  When this happens, I expect more buying to occur as this shows an upward bias of the stock price on a long term basis.  Judging by the slopes of the moving averages, this cross should take place in the next month I'd say.  So hang on for higher prices yet.

Banman
Bullboard Posts