Magnificent high leverage CAD JUNIOR SILVER minerAurcana 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.
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The American Metal Co. of Texas acquired the property in 1926. Operations ceased from July 1930 until 1934 due to low silver prices. By 1940, the quality of the ore was 10.7 ounces of silver per ton. The recorded production of the Presidio Mine between 1883 and 1940 was 30,972,286.15 ounces of silver. Production from 1927 to 1940 alone was 11,809,163.8 ounces of silver , 5,406 ounces of gold, and 7,678,049.8 ounces of lead. (Ross, Clyde (1943). Geology and Ore Deposits of the Shafter Mining District, Presidio County, Texas (USGS Bulletin 928-B ed.). Washington: US Government Printing Office. pp. 45–125.)
The Company recently announced a resource estimate for the Shafter Project and has completed an in-house review of the historic database and exploration potential.
The company is led by an experienced, seasoned management team that includes mining, legal, finance and geological professionals. Aurcana is committed to deliver maximum value for its shareholders, stakeholders and employees.
Silverprediction
Xagusd Looking like Another Move Down Before Monthly Up MoveI am expecting a Drop on H4 Due to Following Reasons
Symetrical Triangle Breakout
Upward Rejection
High Volume
H4 Short Does not Gonna Affect Monthly Silver Gains
Consolidating at this area for a long time
Let us see how this trade goes
Close Watch on Silver 16.42Silver currently trading near the level of 16.25, If Silver holds above the level of 16.42 which is the 100 days MA we short for a short term upsurge very quick to the level of 20.70. Currently facing the resistance zone of 16.42. Any close above it shall see a rocket to the above said levels.
SH SIORTLVER ::: RISK CALL :::SILVER is expected to SINK now.
The reason why we feel SILVER may SINK.
* On weekly basis it has just started SINKING
* To Rise and come near 14.98 levels
* Stoch RSI (3,3,14,Close) is SINKING.
* RSI (14,CLOSE) is SINKING.
* CCI (20,CLOSE) is SINKING.
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our SELL call shall be from SELL BELOW :15.22, SL: 15.28, Tgt 01: 15.05, Tgt 02: 14.98, Tgt 03: 14.76.
The view expressed here is on weekly basis. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
SILVER SHORT ::: RISK CALL :::SILVER is expected to SINK.
There are many reason why we feel it may ......
* BEARISH ENGULFING in WEEKLY Chart.
* To SINK and come near 14
* Stoch RSI (3,3,14,Close) clearly states it may SINK.
* RSI(14,CLOSE) Is also of the same view.
* CCI(20,CLOSE) Is also saying the same.
Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our short call shall be from 15.22 with a SL @: 15.27 Tgt01: 15.08 Tgt02: 15.02 Tgt03: 14.83. This may be very quick as we are expecting Silver to bounce back from mid week. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
SILVER SHORTXAGUSD is expected to sink now.
There are many reason why we feel it may sink.
01. It has not sustained quarterly buy level.
02. Pinball in daily Chart.
03. To sink and come near quarterly sell level of 14.12
04. Stoch RSI (3,3,14,Close) clearly states it may sink.
05. RSI(14,CLOSE) Is also of the same view.
06. CCI(20,CLOSE) Is also sinking.
Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our sell call shall be from Short below 15.56 SL@: 16.77 Tgt 01: 15.44 Tgt 02: 14.52 Tgt 03: 14.12. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
