AUN, after a 6-month correction seems to be gaining momentum along with silver. AUN is, in my opinion, a high beta play for silver bulls who are looking for a potentially high return, at a price of a high volatility. Disclaimer: I'm long AUN for more than a year.
Good opportunity.
breakout from this flag should launch to 1 dollar
Looks like Aurcana is ready for a big move ! Breakout on RSI. On balance volume shooting up. Volume growing exponentially. Bullish hammer on the monthly chart. Resistance at 0.68 has been overcome today by a 25% move. Backtesting at the moment. AUN has been a laggard in recent times (maybe because of some debt on balance sheet). With silver jumping above 20...
should probably double in the next few days. so much coiled up energy
flagging above 100ma. possible financing to reopen mines, check out their site
This one is a pure gamble play. Don't bet more than you can afford to lose. Dont use any stop loss and look for at least a double to get out. Enjoy :)
Aurcana Corporation is a Vancouver-based company whose shares are listed for trading on the TSX Venture Exchange (AUN.V). Aurcana owns the Shafter Project, a silver deposit located in Presidio County, southwest Texas. The Shafter Project was advanced and substantially built prior to being placed on care and maintenance in December, 2013. vimeo.com The...
2017 planned reopening of the Shafter silver mine, Presidio County, TX Has been on care & maintenance since 2013.