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 fleeinggrandichon Jan 15, 2013 4:35pm

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Post# 20841935

RE: RE: RE: silver will eventually be valued at 15

If the marginal silver producer can mine at ~$24/oz all-in cash costs, and the marginal gold producer can mine at $1200/oz cash costs, then you're not going to see silver/gold ratio budge much past 50.

There's this thing called supply and demand. It forms the basis of commodity pricing.

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