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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.


TSXV:AUN.H - Post by User

Aurcana Silver Corp
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Comment by caretired1on Apr 15, 2013 10:30am
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Post# 21254356

RE: RE: RE: RE: Something to chew on

RE: RE: RE: RE: Something to chew on

I think we need Q1 financials to really know, so all costs are clear for current Shafter operations.  Then it should be easy to forecast cash flow from ops.  We also have $18 million of 41 cent warrants to hopefully be exercised this year to further fill the bank and cover 1 year of capex.  Not as sure a thing today versus last week!  Results should be out mid May and production #s hopefully this week.

Bullboard Posts
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