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 zzthnxon Oct 27, 2008 7:07pm

196 Views

Post# 15550327

RE: RE: RE: Cash..

"I would say that $3M won't cut it and the reality is we are looking at bankruptcy if AUN doesn't raise funds promptly..."

Yeah, OK, lol. Bankruptcy, huh? Before it ever came to that they couldsimply scale back operations at La Negra until metal prices rebound.Remember, they are already in the process of targeting higher qualityore and are planning to expand the mill at La Negra to 1300 TPD in Q1of 2009.

Aun is a solid company with great assets and good management. The factthat we're trading at .11 is a complete and utter joke. Wait a year andsee what the SP is. I wish I had more money to buy now, but I'm already"all in".

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?