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Jbay76 (< 20)

April 2012



Turning silver into growth!

April 16, 2012 – Comments (0) | RELATED TICKERS: AUNFF , SLV

As their mottos states, Aurcanna is turning silver into growth, as their 2011 report confirms.  Here's just a quick synopsis of how good last year was for AUNFF:  [more]



Endeavor Silver aquires Aurico mines

April 16, 2012 – Comments (2) | RELATED TICKERS: EXK , AUQ.DL , GLD

Wow, totaly blown away by this.  In fact, I never saw this coming, though maybe I should have since they were neighbors in Mexico, but Endeavor has signed a definitive agreement with AuRico Gold to get 100% interest in the El Cubo silver-gold mine and the Guadalupe y Calvo silver-gold mine for a total consideration of $250 million.  AuRico Gold, in turn, says it will shift its focus to the Young-Davidson mine it aqcuired when it bought out Northgate Minerals back in 2011.  I think this great news for EXK shareholders.  EXK already had several mines near Gaunajuato, namely La Luz and Veta Madre, now they have El Cubo just to the eaast of those projects.  Sweet deal!  EXK has stated that they wanted to grow their operations in 2012 by 60% in the Guanajuato area, and I dare say this is one way to accomplish that!   [more]

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