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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Comment by SILVEERon Mar 22, 2006 12:00am

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Post# 10552073

RE: report out on Bear Creek--I have a dream--

If Corani can double their reserve to 250M at 500M ounces of silver,you add Santa-Ana at 250M,that's conservative,we're hoping 500M, well Doug Casey could be right with his estimate of 1 Billion ounces of silver, at 1.50$ ounces in the ground,lets be conservative again, 750M ounces x 1.50$ div 70M ( 68,5 ) shares diluted =16$ share price At 2$ in the ground,we have 21$ share price. Lets dream just a bit !

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