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.

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Aurcana Silver Corp

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Comment by zzthnxon Apr 21, 2009 11:08pm

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Post# 15935033

RE: aun

"I just bought 30000 shares to average down from buying this dog at 50cents, smart move anyone? how long till news? what price can weexpect ?"

Very smart move, IMO. I've been using the last three or four months of giveway prices to load up. AUN can't go much lower and you're getting a potential 4 million ounce producer within the next year and a half. As soon as the Shafter pre-feasibility study is released (my guess next week), we should start seeing a big jump in interest and a rising SP. Once financing for Shafter is secured, provided silver does it's part by moving back up over $15, I could easily see us back up to .30-.40 if not higher, by this summer. With Shafter in production and La Negra upgraded to 1500 TPD,, this is a potential $4 stock within 2 years, IMO. Cheers, zz

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