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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 art27on Nov 12, 2008 1:00pm
221 Views
Post# 15581108

RE: Doesn't look Good....

RE: Doesn't look Good....SLW was down today to $3.30 and silver is down to $9.40. You think this will go to $0.05 ? I still believe AUN will recover but only if silver spikes back and holds at $15. We will watch the december contracts and see how the delivery unfolds. If this continues any longer a lot of companies will stop producing silver. Do you think shorts will now try to manipulate the price of silver even further down to scare people so they don't take delivery ? This is what it looks like! Silver is still selling on eBay for $15 I think AUN should be selling silver on auction houses. Selling right now at $9 is a give away. I think if people take silver delivery shorts will be squeezed mercilessly. SkaweeeeZZ ! LOL That would push the price up and force them to cover.

Art27
Bullboard Posts