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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 Feb 22, 2012 11:10pm
583 Views
Post# 19570911

resistance level

resistance level

It has been a good week so far. Next resistance level @ $1.10.  I'd feel more comfortable with some consolidation for a couple of weeks... or see a good news release or two to put some strength behind this run up. On the other hand, there is no technical or fundemental reason yet for a pull back either. I get nervous when I see this much emotion on a board - typically means a pullback is due.

Aurcana will go much much higher but there will also be pullbacks - don't forget that and don't feel cheated when it happens because that is the nature of these things.

 

Premier

 

Bullboard Posts