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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 slowwhizzon Nov 13, 2012 9:53pm
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Post# 20596569

RE: Many positives to be gleaned

RE: Many positives to be gleaned

Wonderful summary Matt. I wish you could write and deliver Lenic's quarterly presentations.

 I am a little surprised Lenic was stumped by the 74% question.  Maybe the Stonecap question posed as as reduced ore /silver grade threw him off as opposed to a recovery percentage reduction as chrisincanada has explained. As the CEO of a single operating mine, even with the burden of trying to get Shafter on line, he should have been all over something affecting the company bottom line. Easy to be a critic though.

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