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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.


TSXV:AUN.H - Post by User

Aurcana Silver Corp
Bullboard Posts
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Comment by zzthnxon Feb 07, 2012 10:49pm
389 Views
Post# 19503053

RE: Accretion revisited

RE: Accretion revisited

"We went from.08 or.09 to.70 (so about  nine times). And the dilution has been triple, so that is accretive dilution." LR

Sorry, but that's a joke. The price of silver has also gone up around 4 fold from the lows in 2008. IMO, we could be sitting in a much better position at this time, if things had been done in a smarter manner and more concern had been shown for the average shareholders.

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Dealroom for high-potential pre-IPO opportunities