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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
Post by zzthnxon Apr 10, 2009 10:46pm
287 Views
Post# 15911050

Funny how this works

Funny how this worksThe base metals plummeted while silver rebounded off it's lows over the last 6 months and AUN gets creamed because of the perception that it's a "base metal play".  Then, the base metals form a bottom and start heading higher over the last few months and silver retreats a bit and AUN goes nowhere because it's a "silver play". It seems we can't win for losing lately. OK, so I guess we're gonna have to see copper back at $2.50, silver at $15, and the SLW deal for Shafter before we get any respect. Of course by then we'll probably be back at 50 cents. This market makes no sense. I think I'm finally starting to wise up as an investor. Cheers, zz
Bullboard Posts