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Aurcana Silver Corp V.AUN.H

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

Bullboard Posts
Comment by chendiggleron Aug 28, 2012 2:39pm
442 Views
Post# 20270395

RE: not done at La Negra yet...

RE: not done at La Negra yet...

I said way back when, probably 2 years ago, that one day I plan to sell my AUN shares for $100 each. I thought that was a ridiculous number then, and it probably still is. However, when this mania in silver really gets going and we see silver at $200... $300... maybe even $500 an ounce, and you have a company like Aurcana, maybe it will be one of the lucky 100 baggers. Time will tell, but certainly anything in the range of a $10 a share will be ridiculously low.

It happened to a number of miners in the late 1970's... the best performance was Lion Mines, which went up over 500 times.

Bullboard Posts