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.

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Aurcana Silver Corp

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Post by Shaunsawon Jun 21, 2013 4:52pm

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Post# 21559191

Welp

So much for my 42% gain. I bought back in on the last dip figuring the value of the resources is simply put more than we were trading. Lol. Someone wanted out at any price. I think Monday we close in the 1.70 range. That's where I will throw in the towel on this company for good. With 17 dollar silver and a horrid balance sheet we will have safer opps in companies like sliver wheaton or first Majestic to play the silver space. Tough break guys.

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