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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 Apr 22, 2013 9:48am
253 Views
Post# 21283442

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

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

Last week was a raid pure and simple. No reason for the take down nothing had changed. They started a waterfall and the rest was done by triggering margin calls. Over the last year gold and silver should have moved higher but were being capped and kicked. Paper gold and silver is the problem physical is becoming short in supply at these artifical low prices. The hedge funds only damaged themselves this time because most people can see the lies and manipulation taking place. AUN was being hit because of the reverse split, markets always hate them. But if they can get production up than the lower number of shares will quickly start to move higher in price and instituational investors can buy. I hate reverse splits and thought the company should stop issuing opitions period and buy back shares. But todays CEO's do not care about small and long term investors. ( my opinion) They are now way over paid and under perform.  No CEO is worth more tha 5 times what the average employee in the company earns. Period!!!! If this reverse split was such a great move why did the share price move down from over 1 dollar to 35 cents. 

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