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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 Banman17on Jan 20, 2012 5:31pm
427 Views
Post# 19429473

RE: Banman17 request-+ silver lease spread

RE: Banman17 request-+ silver lease spread

Thanks for posting that Matt. I just want to draw everyone's attention to the importance of the silver's lease rates in 2012 just turning up. This means we're up for a major advance in the price of silver, if you compare what happened to silver from '09 - '11. We'll see $60 silver easily this year.

Banman17

Silver's Lease Spread Has Turned Positive

https://edegrootinsights.blogspot.com/

Negative lease spreads setup Silver's D-wave decline(s) of 2008. Once price collapsed, lease spreads turned positive and peaked. Spreads peaked as price bottomed in late 2008. This setup the accelerating advance of 2009-2011.

Silver's lease spread has turned positive in 2012.

Real Silver Lease Rates (1-Month LIBOR less 1-Month SOFO) and London PM Fixed Silver Price

Bullboard Posts