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.

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Aurcana Silver Corp

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Comment by bryancjon Dec 02, 2012 6:59am

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Post# 20671696

RE: RE: RE: RE: RE: First Majestic and AUN

Agreed! the share float is too high compared to FM to reach $20, that is why I think 5 times share increase ($5) is more realistic in the short term. Long term it a possiblity if they increase production, acquire near producing assets and buy back their shares.(to reverse previous year mad dilution). These are the controllable factors, which they can do as well as a full listing on the Toronto Exchange and get off the venture exchange.

Macro economic factors are out of their hands!

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