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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 (124)1/31/2013 9:31:36 PM
From: E_K_S1 Recommendation   of 300
 
Hi Sultan -

Based on the earlier post showing the new ore results for La Negra Drill Results hidden in the text was the author's valuation of the AG ore for that mine. The valuation was $3.08B Dividing that number by the outstanding shares, one arrives at a value of $6.57/share.

Wow, that's pretty good considering the current price for all their mines is around $0.90/share. At some point, the market will figure this out and start to value the stock more in line with their reserves.

Thought I would put this value in a separate post to highlight how under valued AUN.V is.

EKS
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