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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 Sandalson Dec 08, 2010 6:13pm
358 Views
Post# 17820771

RE: Cash Flowing $100mm + Year 2012

RE: Cash Flowing $100mm + Year 2012We should be heading to about $2.75 a share by then based on 450MM float, 125MM cash flow, 10X multiple (I'm also assuming we can move Shafter inferred into indicated and resource categories to get 10 yr mine life or so).  

$2.75???? Noooo wayyy....not possible...insitu said after the PP that management killed any opportunity of even a 5-bagger in the short term (and to me and a lot of others 15 months is short term)...your target is more like an 8-bagger from the lowest point after the PP was announced...

Not doubting you just railing on dumbass insitu cause he sold too early because he failed to see all the indicators staring him in the face (higher silver, possibility of ditching SLW, bringing shafter online, additional cashflow, capex to further delineate La Negra and Shafter, possibility of growth through acquisitions, la la la la la need I go on...)

Bullboard Posts