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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 JonEcashon Mar 06, 2012 2:42pm
395 Views
Post# 19634522

RE: RE: A Bump in the Road

RE: RE: A Bump in the Road

I believe that the current downward bias in the PM markets was orchestrated by the flash drop in both gold and silver last week.  And I agree with all of the sentiment here that this is a but a TEMPORARY bump in the road.  The question I am wondering with respect to AUN, is how temporary?  On the one hand we have so many positive fundamentals that require a re-rating upwards and yet we have quite a bit of paper overhang to chew through.  Hopefully the volume during the move up from early February got through most of it.  But I really don't know...

J$

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities