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.

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Aurcana Silver Corp

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Comment by slowwhizzon Mar 15, 2012 9:50pm

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Post# 19678270

RE: RE: RE: RE: Third Silver Mine

christo: " I'd love to see 15Moz/year in 2013, but personally, I'd be thrilled if they can deliver the 9.3Moz.year in 2013. 15Moz/year would be a home run... if they could do that without further dilution, that could justify a share price of a few multiples (3-5x) of where we are today."

christo,

Is the 3-5x you are referring to for 15Moz per year or the 9.3Moz per year in 2013? It reads like you mean the 15M oz/yr would yield 3-5x current price without any further dilution.

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