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.

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Aurcana Silver Corp

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Comment by JonEcashon May 18, 2011 2:03pm

502 Views

Post# 18595495

RE: oversold

Good call on the oversold and bounce today....

Was very obvious to anyone with even rudimentary chart skills. I hope none of the longs here were caught selling sub-60. I myself was a buyer yesterday at 56, and will even buy upwards if it looks like a legitimate turn. Currently have a bid at 62, and decent support above 60 now. Nobody knows what will happen in the short-term, so trade them if you must. But make sure you have a decent core to hold longer-term. When the money flows back into the juniors, then the real money will be made.

J$

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