InvestorsHub Logo
Followers 26
Posts 2151
Boards Moderated 0
Alias Born 03/30/2004

Re: Bobwins post# 28795

Thursday, 09/06/2012 1:27:03 AM

Thursday, September 06, 2012 1:27:03 AM

Post# of 35783
Kozoh and Bobwins re AUN.V Aurcana just put out their new presentation titled Emerging Senior Silver producer. I think their going to just skip the mid tier producer status.

Lenic Rodriquez has been on record predicting 10 million ounces silver production rate in less than 12 months and will that they will surpass all their competition. Think he was talking about the mid tiers. This story is very impressive and the presentation is as well. Aurcana has gotten its 2nd Shafter mine up under budget and ahead of schedule. Low capex expansions will bring Shafter to 2500tpd and Lanegra to 3000tpd (total capex less than $4m) They have (dont quote me) 13 drills out under most under lead from legendary Peter Megaw and have just bumped their Lanegrs resource up 3500% to about 115m ounces at LaNegra alone and not even half of the ore bodies are in the NI43101. They are going to compete very well with the majors in total ounces as well as production.


Dont worry about Aurcanas near 500m OS? First Majestic has a MC pushing $2.5 billion and Aurcana is still below $500M MC Aurcana is probably going to surpass First Majestic in production. For Aurcana to reach that 2.5 billion MC, all those shares will trade at $5 Add the silver raising factor and things get better.

I was very happy to add in August at .85 when they had the water issue. Seems all mine start ups have problems and many mines have water to contend with.


Very easily could take out the 52 week high tomorrow as this information filters to all the smart investors and new analysts who pick up on this hot new story :) Got my warrants under .30 so this is going to work out very well for me.

Aurcana has arrived and the re rating is just beginning!

Checkmate28

Link to presentation
http://www.aurcana.com/i/pdf/CorporatePresentation.pdf
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.