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: Interesting 3 day bounce.
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Interesting 3 day bounce.

posted on Dec 02, 2009 10:35AM

High volume drop on Friday. Rebound on Monday and break 30 cents on Tuesday.

Anyone with insight?

The Q3 was on Sedar on 11/27 so I assume the sell off was a sell on news, especially if they didn't like the .03 to .02 income per share drop. The Monday rally was the traders taking advantage of the low price or liked what they read in the Q3. I'm not done with it yet but I like what I have read so far. Todays rally was from the traders that see the Q results in Marketwire. At least that is how I read it.

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