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 17, 2012 11:11pm

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Post# 19686200

RE: Talking to Andy Nichols

matt: "Andy Nichols spoke of Aurcana's necessity in acquiring a third mine so that the large,two mine and potential resources+cash flow+ cash position with no debt equated to a takeover target scenario."

Matt,

Do I understand your (and Nichols') meaning is that without a third mine that Aurcana is a large takeover target and therefore the third mine would act as a deterrent?

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