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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 Thecook100on Oct 09, 2012 10:38pm
488 Views
Post# 20466964

Just another little hicup

Just another little hicup

Last week everyone had their pom pom's on and cheering to they were blue in the face and now Bamn.

We got it alright...right between the eye's. IMO the writing was all over the charts with all due respect.

The smart ones were selling when that huge volume day occured (26 mill share) and the reversal took place at $1.26. If one would look at the charts carefully...we can see a correction down to $1.05 and then a buck.

I wouldn't be surprised to see AUN sp in the .90's if silver continues its downslide to $30 bucks.

 

The wild cards now are #1-commercial production news at Shafter #2- Q3 financials #3- some good solid drill results from either La Negra or Shafter. That would kick some of these shorters on their butts.

 

cheers and GLTA longs

Thecook

Bullboard Posts