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Peruvian Metals Corp V.PER

Alternate Symbol(s):  DUVNF

Peruvian Metals Corp. is a Canadian exploration and mineral processing company. The Company is engaged in mineral processing and the exploration and development of mineral properties in Peru. It focuses on acquiring and developing precious and base metal properties in Peru. The Company's projects include Palta Dorada Au-Ag-Cu property, Minas Maria Norte property, Minas Vizca, and Minas Yanayco property. The Palta Dorada Au-Ag-Cu property is located in the Ancash Mining Department in Northern Peru and covers an area of approximately 2250 hectares. The Minas Maria Norte property is located in Southern Peru in the historic Huachocolpa Mining district, which covers an area of approximately 368 hectares and covers numerous previously exploited Au-Ag-Zn-Pb veins. The Minas Vizca covers an area of approximately 100 hectares. It also owns 50% interest in San Maurizo Mines Inc. (San Maurizo), which focuses on developing the Mercedes gold-silver lead-zinc-copper property.


TSXV:PER - Post by User

Bullboard Posts
Comment by 4funon Oct 05, 2007 1:39pm
602 Views
Post# 13530040

Price target

Price targetDates for target prices are impossible because of the potential of the upcoming drilling at Pascancha. If we drill a hole at Pascancha 550 meters deep averaging 4 oz of silver per tonne this stock could take off very rapidly. Also it depends on what the analyst says and who he markets it to. I have always had the target of $5 by the end of March 2008 and $15 by March 2009 and finally a take out at $20 or better. That is the potential. At least we know we have covered $6 - $7 right now. The size of Aguila is now going to exceed my more conservative assumptions. The Aguila may now rival the potential of Pascancha. However it will take more time to develop the value.
Bullboard Posts