West Point Gold Corp (WPGCF)

[L-Back]

I think the lull in news has investors pulling there money out to put in silver. IMO Should see something soon.

Welcome bud

[Goldenn]

So why no updates, silver up and this stock tanks. It makes you wonder.

[L-Back]

Lost a couple board marks I think there should be some news coming soon the company has been quiet.

[one4theroad]

http://silverbearcafe.com/private/02.11/silvershield.html

[auroradude]

Agreed - nice vol today as well....

[L-Back]

I see a nice day coming here for AUU! Bid .42, ask .42.
Time for this chart to head north!!!

[L-Back]

Thanks Phez! I'm excited to see what tomorrow brings. Would love for some nice drill results to come out this week would be perfect timing.


Hope you feel better bud!!!

[one4theroad]

Great stuff L-Back! TY bud!!

[Matt_Chart]

AUU.V Breakout Watch

[Pro-Life]

An enormous buy signal was given on Thursday (2/17):

http://www.otcmarkets.com/stock/AUSVF/quote

http://www.aurasilver.com/s/QwikReport.asp

[L-Back]

Silver DD & News Update 2/20/11


Some great videos and news here!

Great gold/silver videos, Thanks to Matt_Chart!

This is a great watch!
Silver Shortage This Decade, Silver Will Be Worth More Than Gold

This is another great video!
SATURDAY, JANUARY 29, 2011
BREAKING NEWS: SILVER $50 - GOLD $2,150 THIS SPRING!!!
http://goldbasics.blogspot.com/2011/01/breaking-news-silver-50-gold-2150-this.html?m=1



Is There a Silver Supply Shortage?
http://seekingalpha.com/article/249426-is-there-a-silver-supply-shortage

Silver Prices
The extraordinarily bullish fundamentals of the Silver Market suggest, at current prices, that investing in silver could offer investors one of the single best long-term investments today
http://www.monex.com/why/silver_market.html?gclid=CMru99et4KYCFZ065QodtjFd3A

Stockhouse Movers & Shakers: Sprott sees silver at US$50 in 2011
http://www.stockhouse.com/community-news/2011/jan/28/stockhouse-movers---shakers--sprott-sees-silver-at


Updated Silver News.
http://www.goldalert.com/silver/

http://news.silverseek.com/Headlines/

[L-Back]

AUU.V Chart.

Could this be the start of a new channel?

[L-Back]

Silver News.


http://www.goldalert.com/silver/


http://news.silverseek.com/Headlines/

[L-Back]

Today had quiet a dip, not sure what to think of this candle?

[one4theroad]

Did we bottom out here?

[L-Back]

Past news.

Looking at past performance Aura Silver keeps a pretty good schedule with this. A month is about the longest without news.

Any thoughts?




January 20, 2011 Aura Silver Resumes Drilling on High Grade Silver Projects and Drills Deeper for Higher Gold Grades, Taviche Mexico

January 04, 2011 Aura Silver Confirms High-Grade Copper Drill Target Greyhound Project, Nu

December 20, 2010 Aura Silver to Commence Drilling at the Higo Blanco Prospect and Expands Program to Include Drill Targets Adjacent to San Jose Mine

November 24, 2010 Aura Silver Discovers Second Gold Zone, Stakes New Claims, Greyhound Project, Nu

November 23, 2010 Aura Silver Outlines I.P. Drill Targets Over High Grade Gold/Silver Prospects, Greyhound Project, NU

October 26, 2010 Aura Silver Closes Final Tranche of $3.0 Million Private Placement Financing to Fund Greyhound and Taviche

October 18, 2010 Aura Silver Closes $2.2 Million First Tranche of Private Placement Financing to Fund Greyhound and Taviche

October 07, 2010 Aura Silver Initiates Ground Geophysics On Its High Grade Gold/Silver Property At Greyhound, NU

October 04, 2010 Aura Silver Continues Work at Taviche, Mexico with Renewal of Exploration Permit

September 29, 2010 Aura Silver Soil Survey at Greyhound, NU Expands Size of the Newly Discovered High-Grade Gold/Silver Prospect

[one4theroad]

lol.....I have been waiting patiently to add to my position, and patience is not my best attribute sometimes but I got lucky here.....lol

[L-Back]

Ok since everytime I make a call on this it goes the exact opposite way, I'm going to say this... Looks like we get a good entry point here coming up! Lol

I hope everyone has checked out the new corporate presentation!

[one4theroad]

boy, sure wish I had some silver...lol....I damn near forgot about my position in AUU......very good read on silver if you link back to previous post. All data and many opinions suggest and point to a HUGE upside swing in silver. My advice is to buy bullion aggressively, limit your positions in Miners to a percentage you deem safe for your trading/investing style, and if buying bullion, be diverse with bullion rounds(coins), and silver bars. Coins may offer a larger value in the distant future, from my experience anyway, and bars are just flat out a good hedge. I'm sure I'm not as experienced as some with the metal trades but I have been crazy about silver for many years and have accumulated a very fine, large, collection of bullion rounds over the years and that is my nest egg...lol

[one4theroad]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58310500

[L-Back]

February 2011 Aura Silver corporate update!

http://www.aurasilver.com/i/pdf/CorporatePresentation.pdf





Looks like they update this every couple months.

[L-Back]

AUU.V Chart



Silver Chart

[L-Back]

Aura Silver Resources Inc. is a Canadian exploration company engaged in the discovery of precious metal deposits with a focus on gold and silver. The Company has concentrated its search on precious metal districts in North America. Aura Silver is publicly listed on the Toronto Venture Exchange under the ticker symbol "AUU". Aura Silver has two significant precious metals projects -- Taviche, Mexico and Greyhound located in Nunavut, Canada.

Our Taviche Project is located in the State of Oaxaca, Mexico within the San Jose Mining District, reportedly one of the first historic silver-mining areas in the country. Mexico hosts some of the best silver hunting ground in North America and is a region that provides safe legal and political environments for mining companies. The geology has unbeatable potential for a major discovery. Mexico is the second largest silver producer in the world with over 96.4 million ounces recovered from primary and base-metal mines in 2009 and has a long mining history with recorded and estimated historical production in the billions of ounces.

The Taviche project, under option with Intrepid Mines from a subsidiary of Pan American Silver Corp., is underlain by a large number of gold- and silver-bearing quartz veins. The West Concession surrounds the San José silver-gold deposit being developed for production by Fortuna Silver Mines. Although untested by drilling our consulting geologist believe their ore veins may underlie our property and is a primary target for drilling. Our focus has concentrated on the Higo Blanco jasperoid prospect, a 7 kilometer long trend of silicified limestones that are variably mineralized a surface with silver minerals with gold potential at depth. Further drilling in late 2010 and 2011 is anticipated by the Company.

The Greyhound Project located in Canada is a highly prospective gold and silver property that lies within an unexplored Archean Greenstone Belt. In 2010 prospecting uncovered numerous subcrop rock assaying up to 28 g/t gold and up to 5,800 g/t silver around an unnamed lake now referenced as Aura Lake. These showings lie adjacent to a discontinuous belt of BIF (magnetite iron formation) which have been hosts to other Canadian producing precious metal mines. An initial drill test of geophysical and geochemical targets is slated to begin in early Spring, 2011.

Aura Silver site
http://www.aurasilver.com/s/Company.asp

Pan American site
http://www.panamericansilver.com/operation/index.php

[L-Back]

Thanks for the explanation bud. I noticed everything you said just didn't understand as of late why it was different.
Thank you!

[tickettoride]

ok most of the time they do run opposite each other
in this world of need to know now we see every tic of the market
but step back look at the dollar in months or years and gold in months or years you will see as one goes up the other goes down
Its the inflation trade
dollar worth less because of printing
hard good go up in value
fiat currencies
now I think because of the manipulation in the markets (world ) we are starting to see days when they run the same way but as i can tell in most cases it does snap back to get close to = again

[tickettoride]

look at the charts
but the reading ok to
http://jessescrossroadscafe.blogspot.com/2011/02/showdown-in-metals-markets-lets-get.html

[one4theroad]

Indeed a good read bud! I saw your post with the silver DD links you put up on our industry "peer" board. You damn near read my mind on that one...lol...I am eager to get an update on drilling from AUU......I have put a "bug" in a few ears on this, very selective on those "few" ;) I have a decent position so far and would like to add more, thinking we could see the .30's maybe so I'm holding out for a bit. I'm really liking alot of analyst opinions on silver wich should bode well for us here! I'm betting the all time high for silver will be seen again very soon.....

[L-Back]

Great read.... Aura Silver Continues Work On Two High Grade Silver/Gold Properties and Plans Future Drilling


http://www.aurasilver.com/i/pdf/AuraSilver-Bull-Bear-Oct-13-2010.pdf


Taviche Project / Oaxaca, Mexico / Joint Venture
Aura Silver and its joint venture partner Intrepid Mines are exploring the Taviche Silver-Gold Project located in Mexico's San José Mining District. Recent drilling has yielded multiple zones of significant silver and gold mineralization, as well as the strong potential for a copper porphyry deposit.

Greyhound Project / Nunavut / 100% owned
Aura Silver's high grade gold, silver and base metal project at Greyhound Lake in Canada's Nunavut Territory appears to host both high-grade gold and silver mineralization as well as a classic volcanogenic massive sulphide (VMS) district located within a virtually unexplored Archean greenstone belt



Aura Silver Resources Inc. is focused on two projects situated on some of the most prospective silver ground in North America and in jurisdictions that provide safe legal and political environments for mining companies.
Aura Silver has identified an extensively mineralized jasperoid zone on surface at its flagship silver property, the Taviche project in Oaxaca, Mexico. Drill results include numerous high grade silver intervals ranging as high as 3,932 g/t silver equivalent with gold content ranging in excess of 0.5 g/t. One interval of 11.95 meters contained 478.4 g/t silver equivalent. A newly discovered zone of high grade silver extends over 300 meters along a 1.1 km untested strike length and carries exceptional grades of silver over wide intervals.

Aura Silver is also exploring the Greyhound project, a highly prospective gold, silver and base metal property within an Archean greenstone belt in northern Canada. The company has initiated a ground-based induced polarization survey on a newly discovered gold and silver zone at Greyhound Lake in Nunavut, Canada. The IP survey is designed to outline specific targets for the next drill program on this highly prospective area. A recent sampling survey yielded samples assaying up to 28.8 g/t Au and 5,380 g/t Ag. A potential volcanogenic-associated massive sulfide system could be the source of the 18.5% zinc and 9.2% copper samples found to the west, 800 meters north of Aura Lake.

[L-Back]

After the worst January for precious metals in two decades, investors still have a $102 billion bet on higher prices, hoarding more gold than all but four central banks and more silver than the U.S. can mine in almost 12 years.

The five analysts ranked by Bloomberg as the most accurate over two years expect silver to rise as much as 24 percent before the end of 2011 and gold 20 percent, the median of their estimates show. UBS AG predicts the strongest industrial demand for silver since at least 1990 and the second-highest sales of exchange-traded gold products on record.

http://www.bloomberg.com/news/2011-02-07/investors-102-billion-precious-metals-wager-showing-bull-market-intact.html

[L-Back]

Hey TTR, what do you look for when watching the two together? I'm looking at both charts and don't see any pattern. Sometimes they run together other times apart from one another. Any insight would be greatly appreciated bud thanks.

[tickettoride]

silver needs to take out that high at 31.27
if not then double top for now
if it does i see maybe 37 in the cards
Im watching silver and the dollar

[L-Back]

Charts AUU & Silver link back.

AUU once this MACD crosses we see a nice large green candle. It is close! IMO

Silver chart looks great. Is the run is here?

[one4theroad]

hehe, I feel stupid now, I already went through the news articles after my post.......ahhhh, I feel like its monday or something. And after retracing my steps, yea, I'm excited here for sure! I will follow up more to your post shortly. I have been working on combing through the financials and as I previously stated, not too bad so far, all things considered for a jr.miner. Seems as if the company is utilizing any finances in a "wise fashion" as they should. more to follow shortly........

[L-Back]

They have been drilling away as we speak. Check the last couple news.

Would like for you to comb through this since that is your area of expertise.
http://www.aurasilver.com/s/FinancialReports.asp

I agree the more I look the more I like this. Did you see the 30% jv Partner for Mexico ?

http://www.panamericansilver.com/operation/index.php

[one4theroad]

hey L-Back, still doing some research here, I'm really liking what I have found and still finding. What are your thoughts about the companies finances? I really think we may be at ground level here and from what I see, the company is positioned fairly well, all things considered. I'm wondering about their drilling down south. Its early spring 2011 down there so maybe they have commenced drilling. Have you had any contact with company IR?

[one4theroad]

I'm running out of room in the back yard though...lol....as long as we continue in this channel, wich to me looks like an upward direction, I thing the closer we get to the "break up" season in Canada, we might start picking up some traction here too....

[L-Back]

Nice, good to hear bud! I know you got a pile of it buried in the back yard. Lol

My pre market AUU call is, it will see .465 to .475 today! Just a hunch looking at the chart I think it continues up it's channel. But what the he!! do I know.

[one4theroad]

Silver looks to be picking up some traction this morning and all week! I'm getting excited to see what AUU has brewing for this spring as mentioned in what I read here! I would venture to say we may see that $40 silver this sumer.

[L-Back]

No problem bud, not to much happening here I'm in the same boat with work. This looks to be waking up a bit!

Hope you feel better bud!

[IronWorker512]

Hey LB, sorry for the lack of a presence here. Been sick all weekend and work is starting to get heavy, not much time for DD or trading for that matter. Take care bud!

[one4theroad]

Hey cheif, been pretty busy the last week and have been trying to get my DD complete here. As far as silver, man I don't really know what to think. I do know that over the last few days bullion has been "flying of the shelf". I actually added another 200 oz. to my stock pile. Was reading somewhere on IHUB about all the "junk silver" being sold on ebay so I took a look and actually found some good prices and acted accordingly. I did read some rather good articles about silver and I will try and find them and post link for you to check out but the just of the article talked about how we are beggining to see a rapid depletion in silver reserves not seen in nearly 200 years, not sure if that holds water really but the price projections are staggering and we could very easily see $100 oz silver in the next few years. That is when "daddy" becomes a professional fisherman for the rest of his life....lol.....Have a good "Super Sunday" and will be in touch here shortly...... BTW my favorite purchase on silver this week has been the new $5 Canadian Maple Leaf 1 oz .999 pure silver bullion round. Beautiful peice and the prices on those are rising quickly, I paid $29 per coin for 1 roll and it has gone up considerably since.........

[L-Back]

Thanks bud need something good to focus on to help stay out of stinky land. This is a nice little jr and we all know what's coming w silver.

Hope your feeling better!

[Breakout]

So this is where the boys hang out to hide from their wives. Best wishes to your board.

[L-Back]

Thanks for your input bud! Will be watching close.

And watching the dollar.

[tickettoride]

silver is doing the sideways dance
(trading sideways )
it will break out and when she does the move should be big

[L-Back]

Yeah, I was thinking the same thing bud! I'll get some real nice dd post put together as I gather up everything. Got to say the more I look the more I like!


Hey PHEZ do me a favor and look over the financials, please when you get a chance. I know that is your area of expertise! Let us know what you find.

[IronWorker512]

Pan American Silver Corp. looks like one heck of a good JV partner. Good find bud!

[L-Back]

Just digging around a little to show who Aura is working with on Taviche project. Please note, I didn't put the dates in order.


12 October 2010

The flagship Taviche project is located in the State of Oaxaca, Mexico within the San Jose Mining District, reportedly one of the first historic silver-mining areas in the country. Mexico hosts some of the best silver hunting ground in North America and is a region that provides safe legal and political environments for mining companies.

Aura Silver is exploring the project, which is a 50:50 joint venture with Intrepid Mines Limited (the "Taviche JV"). ??The Project, which is on strike with Fortuna’s San Jose mine, consists of three concessions (East Taviche, West Taviche and Alma Delia) which are held by Intrepid under option from Plata Panamericana S.A. de C.V. ("Plata"), a wholly owned subsidiary of Pan American Silver Corporation. Aura Silver and Intrepid can jointly earn a 70% interest in the Pan American properties.

*The JV can earn a 70% interest. $4M exploration earn-in requirement has been met & balance of cash option payments of $450K must be made over two years.

*Intrepid has opted not to contribute further funding during 2010 and as a result, Aura’s potential earn-in to the project could increase to more than 70%.

News Releases

http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=15877:aura-silver-resources-inc&catid=70:silver-companies&Itemid=144





Intrepid Mines Dec 2006

"The Taviche property acquisition marks a return to Mexico for Intrepid," said Laurence Curtis, Intrepid Mines President and Chief Executive Officer. "This is one of the most exciting exploration properties brought to our attention in recent years by our field consultants. We are also pleased to welcome our partner Aura Silver Resources Inc. ("Aura") to this venture. As a newly merged entity with a strategic vision for near-term development projects, Intrepid views Mexico as a very promising jurisdiction in which to discover and develop new mines."
During November 2006, Intrepid signed a Memorandum of Understanding with Aura Silver Resources Inc. allowing Aura to earn 50% in Intrepid's interest in the Taviche property. Aura will fund all of the required first year commitments for the project, providing the initial US$115,000 of exploration work and Intrepid's US$60,000 signing payment to Plata. Aura will also fund the second anniversary payment of US$80,000 to Plata to complete its earn-in right. During the remainder of the five year option period, Intrepid and Aura will share exploration expenses and payment requirements equally. Intrepid will act as operator during this period.

The underlying agreement calls for Intrepid to commit to spending a total of US$4.0 million over five years and making option payments totalling US$790,000 over the same period to earn a 70% interest in the Concessions. Plata holds the right to back-in at the end of the fifth anniversary if a NI 43-101 compliant report has identified a measured and indicated resource estimate of at least 50 million ounces of contained silver. Should Plata exercise their right, they can recover 40% of the property interest, for an aggregate 70% by funding 100% of subsequent expenditures over a four year period. These expenditures will equal three times Intrepid's aggregate investment to that date.

http://www.intrepidmines.com/Investor_Relations/News_and_Announcements/

OTTAWA, ONTARIO--(Marketwire - March 15, 2010) -

Aura Silver Resources Inc. (TSX VENTURE:AUU - News; "Aura Silver" or the "Company") is pleased to announce that it will increase its potential share in the Taviche silver-gold project, Oaxaca, Mexico by fully funding Phase III drilling costs.

Joint venture partner Intrepid Mines Ltd. (TSX:IAU - News; "Intrepid") has decided to allow the dilution of their potential joint venture interest in the project from 35%. Pan American Silver Corp. is expected to retain a 30% interest in the project once the joint venture earn-in is complete which could be as early as this year. It is expected that under the existing terms of the option agreement Aura Silver will become operator of the project.

http://finance.yahoo.com/news/Aura-Silver-Commences-Phase-ccn-2652382731.html?x=0&.v=1





This is Pan American Silver!

http://www.panamericansilver.com/operation/index.php

[L-Back]

Welcome MTL good to see you here! I agree might see a nice entry coming, after todays trading.

[tickettoride]

going back down first
whats the dollar doing ? lol
and you got mail my friend