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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Post by bjbearon Jan 19, 2022 4:10pm

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Post# 34334617

JAMIE CARRASCO ON BNN MARKETCALL TODAY DISCUSSING BCM-X

He's not too concerned that mining will be nationalized in Peru. Rise in price of the commodity will pay for the increased taxes long term. Still a safe area, but the US will be the best mining jurisdiction. Speculative buy at $5.75. A small cap, so only a small portfolio allocation. Mercedes mine is a great acquisition.

PRECIOUS METALS

TOP PICK

Silver will have massive upside. 80% of silver is a byproduct of copper mining. $6 price target. Likes what's happening in Latin America, positive for mining. No dividend. (Analysts’ price target is $3.80)

PRECIOUS METALS

BUY on WEAKNESS