Junior Silver Producer

Aurcana owns and operates two high quality producing silver mines located in favourable mining jurisdictions: La Negra mine located in Queretaro State, Mexico and the Shafter silver project located in Presidio County, southwest Texas.

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Message: Tis the times

Tis the times

posted on Feb 16, 2008 05:04PM
Its strange. As I keep narrowing down my investments this loss leader just stays in my portfolio. It is like so many new jrs that are in their first year of production. Money is coming in but balance sheet is not there yet to support it. I liked the company from when they were near term production with Los Verdes. Company meets its goals in a timely manner. I believe one day we will get a release saying Aurcana has picked up a new mine - they are checking them out now and this company will keep growing. To my mind it is very much like Endeavour and Great Panther. Both these companies have had trouble meeting their production forecasts and yet so far Aurcana seems right on. Unfortunately, when the R word gets mentioned, we have seen more and more negative days. It almost seems now that people expect that they can get us cheaper. Me, I am sitting on mine . Today it is not my most profitable but I still believe in management and think press releases are showing us just how good this company will be. One Ni43-101 is in now but look at how much more there is. Just IMHO!!!
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