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 DrBill1on Sep 23, 2012 3:48pm

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Post# 20404702

RE: Newbie question on reverse split?

Short answer: No, a RS is not a good thing. Look at U.S. Silver Corp.; they did a RS earlier this year. Was a disaster. 4 out of 5 companies, or more, that do a RS end up regretting it; that is, the shareholders of those companies regret it. There are few winners, on the shareholder side, when a RS is completed. AUNNF/v.AUN will do just fine through good management execution. Results will count. AUN can graduate to the TSX and later, if desired, to the AMEX (when their price exceeds $2/share). AUN does not need the RS and we all IMO should encourage AUN managementr to stay away from a RS..

Regards,

DrBill

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