Bear Creek Mining Corp V.BCM

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

Metals & Mining Industrial Metals & Minerals

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.

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Bear Creek Mining Corp

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Comment by tigris72pooon Jul 06, 2016 11:10pm

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Post# 25030223

RE:RE:stock needed a pullback anyway but...dumb financing

Have you people ever run a company? Have you ever sat down to play poker with someone whose srack of chips is 100x bigger than yours? Do you have any idea what it takes to build a $650 million project like Corani? Nobody will even talk to you if they know you only have $1o in your pocket. They will wait for you to starve and pick at your carcass like vultures. The mgmt. is doing the prudent thing here raising some money.Now with a little luck (metal pices going even higher and a favorable resolution of Santa Ana) they can finally be a real player instead of a hope and a prayer.

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