Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
User Avatar Image
(10)
•••
Comment by zzthnxon Sep 30, 2010 10:52pm
394 Views
Post# 17515482

RE: A rather robust deposit?

RE: A rather robust deposit?I've been disappointed by AUN so many times over the last few years, that I'm at the point where "I'll believe it when I see it". But, with silver at almost $22, and Shafter with close to 50 mil. ounces measured, indicated, and inferred, along with La Negra's positive cash flow, and a market cap of around $38 mil. (less than what they paid for Shafter 2+ years ago) you have to believe that Aurcana is severely undervalued. We may finally be getting closer.

Per Lenic Rodriguez:

""I believe the time is right to build this mine. With a capital cost of$45 million and an initial cash cost of $7.60 per ounce, ($8.27 averageof life of mine), it will reach payback within one year at today'ssilver price."
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities