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

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Comment by Thecook100on Apr 25, 2011 6:27pm

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Post# 18485328

RE: AUN financing...

This means no huge dilution for the stock and hopefully they will self-finance or seek another source ?

La Negra has ramped up production in 2010 from 1000 tpd to 1500 tpd and silver is going ballistic = excellent Q4 to come hopefully.

With 2 million ounces at La Negra and add another 3.5- 4 million ounces at Shafter and we are going to double GPR's production projects in 2012.

With expansion at La Negra and Shafter ready for production we will rival First Majestic in production sooner than later.

GLTA longs....hopefully the true value will be appreciated by wise investors soon.
cheers

Thecook

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