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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 zzthnxon Feb 17, 2013 10:32pm
255 Views
Post# 21004216

RE: RE: RE: Listen to credibility instead of prayi

RE: RE: RE: Listen to credibility instead of prayi

"A share consolidation should be neutral to the value of a stock. Shareholders end up retaining the same % of ownership in the company. This is the same case as stock splits. To the extent there is an effect for both, it is merely psychological."

Good one, Pepe. That all sounds very nice and logical. Unfortunately the world of investing is not like a science textbook. The market is ruled by psychology and emotions. When investors feel like they're getting the "Shaft", they hit the door.

Gotta love these newbies coming in with their BS, when they have no clue.

Bullboard Posts