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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 AngelEyes3on Feb 13, 2013 9:08am
213 Views
Post# 20980110

RE: RE: RE: RE: Aurcana Announces Proposed Share C

RE: RE: RE: RE: Aurcana Announces Proposed Share C

Well a reverse split of 5 for 1 would have been enough for all they want. 8 for 1 is greedy on managements part. This allows them room for additional shares down the road and once again the average shareholder gets hit hard. You can see from the stocks fall from 1.20 range to the current price that this idea was being floated. I am disappointed in management hitting investores this hard. I wanted 4 for 1 which was enough to do the job and allow investores who have owned the shares the opportunity to profit. 

Bullboard Posts