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 peegoon Mar 10, 2014 5:06pm

295 Views

Post# 22304789

RE:RE:AUN Chart

have to agree with lucky and inviolabl re. AUN's chart.

Here's my chart: https://www.tradingview.com/x/oP3gWoge/

getting some support at the yellow uptrend line. I've had $1.07 (green arrow) as the downside target to close the gap for awhile, and we went down to $1.05 last friday. There's another lower gap in the $0.94 range which could be a lower target, and I wouldn't want to see $0.87 taken out on any further pullback. I added a bit these last 2 days.

$20.60 held in silver so far. if that gives away, then it'll be down to 20.20-30ish.

my more bullish wave count puts AUN at possibly a 3 of 3 up, and if correct, it could be a helluva move up with the 1.618 PT at $1.79 and 2.618 @ $2.56. Either way, if this uptrend holds, next level up will be around $1.80ish after we take out the prev. high @ $1.55.

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