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

Bullboard Posts

Comment by MontyHighon Jun 08, 2008 2:59pm

340 Views

Post# 15159089

RE: I can safely say...

Thanks for the comments on my valuation. You state that I might be conservative in my valuation because Silver Wheaton is buying cheap and selling at a higher price.

I think what's nice about this valuation method is that it is conservative and that it takes clearly into account the difference between an unknown emerging Jr's valuation and that of a well-run, well-respected, low-risk major like Silver Wheaton.

I did the same analysis on Impact Silver today and it was slightly overvalued. So, AUN (being very undervalued) by this method is all the more attractive.

Monty

Bullboard Posts

Consumer advocacy law firm investigates Microsoft over X-Box data concerns