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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Post by strannickon May 09, 2012 2:55pm

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Post# 19891078

AUN v. FR

Thanks for the comparison stat that aun production will only be 15% less than aun. Meanwhile , FRs marketcap is 3Xs AUNs. This happens time and time again with miners increasing production dramatically. The market practically has to wait for a NR announcing that production has ramped up before it revaluates the stockprice upwards. Likewise Fr laguished at 3.50 in 2010beforeit went on its merry way to 17 bucks. Same with AUN today. Like Buffet said-when he took time out from bashing gold- 'the efficient market theory is bunk'.>

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