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 MontyHighon Jun 03, 2008 11:38am

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Post# 15139073

How Do You Evaluate This Deal?

I think you have to look at the projected number of oz / year going forward from before the deal being done with after the deal being done.

So, what was the projected oz / yr before:
o 80% of La Negra
o 100% of Rosario

So is the projected oz / yr after:
o 30% of La Negra
o 100% of Rosario
o TBD% of Shafter

Anybody have some numbers that can help me fill in this model. I'll be talking to Barnes and maybe Booth this afternoon.

Monty

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