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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 Baer1on Nov 09, 2011 9:46am
532 Views
Post# 19221772

What a bunch of downers!

What a bunch of downers! Yeh, my first reaction to the private placement was WTF. BUT, everything else is looking great, we are at the beginning of the miner buying season, and the dilution is minor (pun intended). Management has proven to be 90% on top of their game. The bobble with Sprott was an "oops" that probably looked like a good idea at the time, then things changed and mgmt corrected their error. The judgement should come down today, Shafter is coming along nicely, price of silver is trying to head north again, and life will be good! For crying out loud, we were at 0.60 a couple of weeks ago!
Bullboard Posts