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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
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Comment by zzthnxon Apr 20, 2010 10:54pm
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Post# 17013457

RE: Slip Sliding Away

RE: Slip Sliding AwayLike several other posters, I have a hunch that our recent weakness is related to a financing for Shafter that contains an equity component in addition to a silver backed debenture. Like many here who have been tracking AUN daily for the last few years, the trading lately just doesn't appear normal for AUN. I'm thinking that shares are being sold in advance of a financing to be announced in the near future. Once that's complete, I think AUN will quickly resume it's upward trajectory. Cheers, zz
Bullboard Posts
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