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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 Premier1on Jan 23, 2012 11:30pm
678 Views
Post# 19440051

What are the chances....

What are the chances....

We know that Aurcana plans a TSX listing once they have their financials.

We've heard talk of a split.

What are the chances that they split as they become TSX listed?

I'm not sure if a company is allowed to do that but the timing would make sense I think. TSX listing won't happen until April I figure. They expect to hit the ore body at Shafter in mid-February and be producing by May. By this point Institutions will be very interested but many will not be able to invest due to minimum sp regulations for many institutions (pension funds?). Many of these institutions also can not invest on the Venture if I understand correctly.

Thoughts anyone?

 

Premier

Bullboard Posts