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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 JonEcashon Jun 23, 2011 1:39pm
395 Views
Post# 18756708

RE: RE: Big sell off in the PM's today

RE: RE: Big sell off in the PM's todayTo me it also appears that the lawsuit is causing some drag on the share price, along with the options that management granted themselves at 69.  Although the PM's and other juniors rallied yesterday, AUN did not really participate.  Looking at the market depth, there is a BIG wall at
.66.  Not sure if that's just to scare sellers at this level, or if it is truly someone trying to exit a large position.

I continue to hold and will also buy if we drop to the mid 50's.

J$
Bullboard Posts