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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
Post by jbbigboyon Jan 30, 2011 10:58am
806 Views
Post# 18046940

AUN seems like

AUN seems likea great buy at these levels.
Just found out about it today that's to the Sprott  post on Stockhouse.
AUN seems to be quite profitable at $30 silver....at $50-60 silver .... one would think this is a screaming buy at anything under $1.00 with two mines on line by 2012....
The gold to silver ration should really see silver at  around $80 ....
Will AUN need anymore funding ...seems like they are cashed up and I would hope so with 300 million+ o/s....
Might buy in this week but will wait to see if I can get in at the low 60's...wont wait long though..:)
Bullboard Posts