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Gold/Mining/Energy : Aurcana Corporation - AUN.V
AUNFF 0.010000.0%Apr 19 5:00 PM EST

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To: Sultan who wrote (117)1/24/2013 2:40:26 PM
From: E_K_S  Read Replies (1) of 300
 
Hi Sultan -

It is still a project in motion. I think all the parties will eventually work things out regarding those water and environmental issues. Each party needs the other. You are correct that the key thing will be the production numbers as they come in.

Remember the earlier valuation of $1.89/share. That means the stock is selling 47% below their estimated value. Also, remember that this mine is located in a politically "safe" country.

I added more shares to my bucket and still feel this is one of the best "pure" silver plays for a Jr. miner. At least those that I have looked at.

EKS
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