Aurcana Silver Corp (fka AUNFF)

[Stinky_pinky]

I believe we are going to run into some resistance around the $1.00 PPS as the 26 million purchase warrant shares dilute OS.
Please review the following placement terms in the november press release: http://www.aurcana.com/s/NewsReleases.asp?ReportID=493139
Now , we could burn through those shares after a short pause due to increasing trading volume in recent weeks, I don't know. I leave you to make your own long term projections based on your DD. This may assist you: http://www.aurcana.com/i/pdf/Aurcana-BeaconRock.pdf
As you can see, construction is moving along briskly on processing facilities at Shafter. The fact that PPS has been trending up speaks to the increasing market cap, and cash flow potential in the face of dilution.
American Bulls issued a "hold" today from "buy":
http://www.americanbulls.com/StockPage.asp?CompanyTicker=AUN&MarketTicker=VSE&TYP=S
But you can see that AUN has been more volitile than most lately...which is exactly how I like it. S_P