Bear Creek Mining Corp V.BCM

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

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 SILVEERon Mar 13, 2006 12:00am

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Post# 10505281

Lets wait the fund manager to start buying

It's seems that some are in spring break with the kids this week,when they come back,we should see new highs. Don from Canaccord calculates 450 million silver equivalent,at 1/10 of 10$ silver price,450$ M in the ground/40 M shares = 11.25$us/13$ cdn share price,for Corani only. Wait until when they start drilling at Santa-Ana,which was considered at the beginning greater than Corani.We might have a 25 bagger for those who bought at 1$. The management are savvy people,they're going to wait for a good price for a take over to take place. Lets sit and relax,we're going up.

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