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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
Post by txbioinvon Sep 09, 2012 11:25pm
583 Views
Post# 20341063

AUN vs WS recent updated reserves

AUN vs WS recent updated reserves

In early Agust 2012 Wildcat Silver released their updated reserve silver numbers at:

M & I: 194 tons at 37g/t silver for 236M oz silver

This last week Aurcana released:

M & I: 27M tons at 131g/t silver for 115M oz silver

Aurcana total tons are not even 15% of Wildcats qty and our g/t are almost 4x theirs with a 50% ratio on total ounces; basically just disgusting when they don't even have one producing mine. Is it their share count which is about 75% less than ours when options/warrants are included that sacks our sp?

WS $1.16 vs AUN $1.09 ........................!!!!!!

 

LONG and adding, just saying.............

Bullboard Posts