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Bear Creek Mining Corp V.BCM

Alternate Symbol(s):  BCEKF | V.BCM.WT

Bear Creek Mining Corporation is a Canada-based precious metals producer. The Company is engaged in the production and sale of gold and silver, as well as other related activities, including exploration and development of precious and base metal properties in Peru and Mexico. The 100% owned Mercedes Gold Mine is located in Sonora, Mexico, approximately 250 kilometers (km) northeast of Hermosillo, Mexico and 300 km south of Tucson, Arizona. The Mercedes property consists of 43 mineral concessions totaling 69,284 hectares. The 100% owned Corani silver-lead-zinc property is located in the district of Corani, province of Carabaya, in the department of Puno in southern Peru. The Corani deposit sits at an elevation of between 4,800 and 5,200 meters above sea level, on the eastern side of the Continental Divide in the Andes Mountains. The project consists of thirteen mineral concessions that form a contiguous block of ground covering approximately 5,500 hectares.


TSXV:BCM - Post by User

Bullboard Posts
Post by dusty51on Jun 24, 2008 4:14pm
193 Views
Post# 15223898

SHARE PRICE

SHARE PRICEIt is hard to believe that we are trading at these levels. Management has to take a lot of the blame for the share price. We have fallen from a high of $11.40  down to the $5.00 level. I believe that we should see managements salaries fall by the same degree. To be cost effective that would put their salaries at 50% of what they are now. There is not much chance of that happening. If this is such a great stock why have we not even been presented with a lowball offer of $8.00 by some company. Is there something that management is not telling us?
Bullboard Posts