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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
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Comment by RenRokon Mar 30, 2012 4:37pm
298 Views
Post# 19741018

RE: RE: RE: RE: RE: RE: AUN.WT

RE: RE: RE: RE: RE: RE: AUN.WT

No Matt I did not pay 1.25 for any AUN shares....I paid only .25 for a warrant.....and I have no plans to ever exercise these warrants, there is no need to when you can just sell them like a stock......I sold all of my common shares today and bought almost 4x as many warrants......as soon as AUN trades over $1 the warrants will trade pretty much penny for penny with the common shares plus some time premium in there too ......I must caution warrants are not for everyone....they are much more risky  and prone to way bigger swings than normal but the rewards can be huge at times ....

 

ie FR.TO warrants a few years ago went from .30 to over $13.00 and I did in fact buy those warrants on the first day they traded too at .30, but unfortunately I sold them all around  $1.00....it was my biggest trading regret of all time, but I wont be making that same mistake again on this one......these AUN.WT are about the best opportunity I've seen since then too.

 

GL

Ren

 

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