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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
Post by ajvaron May 03, 2013 4:15am
284 Views
Post# 21337962

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What was people thinking when mkt cap was 400 million + that is going to 800 million?  Share price was way up and it has Shafter production in it ... when I wrote that share price is not going above 1.50 someone wrote that I'm delusional ... just look mkt of other companies and when looking at mkt cap of FR at 2.5 billion who is going to buy shares at that price... start to sell some % of shares when you are up to protect yourself when something goes wrong it's difficult if you are only looking at profit but that is called greed... now back to AUN  anal-ist were telling that it will be delays at Shafter and people didn't belive it they was blinded by Shafter production and share price going to 2,3,4,5 $  but large share holders sold some at profit at $1.20 and when news about delay was starting to go out. I think that sellof was over reacted but it was clear that Mkt cap is going to 270 million now it's 250 with silver at 24  what is important is that in share price is only  LN production at 2500 TPD which is now at 3000 TPD and Shafter is not even counted in share price even if progress at Shafter will be slow production at LN is already going up and by the way when did you want to sell shares 2013,2014 or 2015 is it matter what is share price now?  LN is at 3000 TPD an things at Shafter are moving so everything is not bad and company has good growth going on think this is good entry point and don't fight every day life is beautiful and money isn't everything  GLTA

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