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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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(4)
•••
Comment by nickgeoon Mar 09, 2012 5:59pm
523 Views
Post# 19651749

RE: RE: RE: RE: RE: Mar.8 - insider selling - AUN

RE: RE: RE: RE: RE: Mar.8 - insider selling - AUN

Hi,

Order of magnitude, the current figure of merit for THO is 2+ ounces of future silver per share for $ 22.00.

If we use 60,000,000 ounces for Shafter plus La Negra (the latter not well covered on Aurcana site), we get 0.1+ ounces of future silver for $ 1.00.

Some similarities here....

Take care,

Nick

 

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