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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 JonEcashon May 11, 2010 12:46pm
328 Views
Post# 17085137

RE: Sell if you want

RE: Sell if you wantAnyone selling now will be kicking themselves.  Based on AUN's current technicals and fundamentals the path of least resistance is up from here.  Downside is lower at this level per the market depth.  I bought more shares at
.30 yesterday and
.305 today....

I also agree that when the financing closes, and other news is released then this will move up quickly.  As an example, AVR announced a financing at
.60 on April 23 when the stock was trading around
.65.  For the next few weeks the stock dipped and stayed below
.60, trading as low as
.54.  The financing closed yesterday and AVR is now around
.62 with plenty of bids.

J$


Market by Price
Bids
Total Size # of Orders Price 
111,400 5 0.310
289,000 11 0.305
217,500 6 0.300
33,000 3 0.295
20,500 3 0.290
Asks
Price # of Orders Total Size
0.315  110,500 
0.320  114,500 
0.325  129,500 
0.330  110,500 
0.335  109,500


Bullboard Posts