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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 zzthnxon Jun 03, 2008 6:27pm
236 Views
Post# 15141319

RE: How do you evaluate this deal?

RE: 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:
80% of La Negra
100% of Rosario

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


Remember Monty that all of the La Negra copper and zinc are still Arcana's. Last time I calculated, the copper production alone was worth more than the silver. Plus AUN does get $3.95 for each offtake ounce from SLW. IMO this deal is a no-brainer.
Bullboard Posts