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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
Comment by IknowIknowon Feb 06, 2013 3:16pm
298 Views
Post# 20948088

RE: RE: Good luck gentlemen

RE: RE: Good luck gentlemen

Thanks, Freepostg.  I'm staying in the sector, as I got back into SAS today.  They're announcing earnings next week, and there could very well be some interesting new resource information as well.  Their PE ratio is 6. They're discussed in this conversation with Michael Fowler.

https://www.mining.com/web/michael-fowler-the-new-strategy-for-adding-value-to-juniormidtier-gold/

I'm not a buy and hold proponent.  When a stock that I hold appears to be stagnant for a period of time; I move to others to (hopefully) maximize my profits.  At the same time, I'm not a daytrader, or a quickie swing trader.

AUN just didn't rebound as well from the .80 low as I thought it would. A lot of reasons for that are being discussed here by knowledgable investors like Matt, etc.  Lot's of frustration.

Good luck to you!

Bullboard Posts