Bear Creek Mining Corp V.BCM

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

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 in the state of Sonora, northwest Mexico, approximately 250 km northeast of Hermosillo, Sonora’s capital city, and 300 km south of Tucson, Arizona, United States. The Mercedes property consists of 69,284 hectares of concessions. Mercedes is a fully mechanized, ramp-access underground mine with five underground mining areas: Marianas, San Martin, Lupita, Diluvio, and Rey de Oro. The 100% owned Corani silver-lead-zinc project (Corani) is in the Andes Mountains, approximately 160 kilometers southeast of Cusco, Peru, at roughly 4800 meters above sea level. The Corani Project consists of twelve mineral concessions forming a contiguous block covering approximately 6,000 hectares.

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Bear Creek Mining Corp

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Post by dusty51on Jun 24, 2008 4:14pm

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Post# 15223898

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It is hard to believe that we are trading at these levels. Management has to take a lot of the blame for the share price. We have fallen from a high of $11.40 down to the $5.00 level. I believe that we should see managements salaries fall by the same degree. To be cost effective that would put their salaries at 50% of what they are now. There is not much chance of that happening. If this is such a great stock why have we not even been presented with a lowball offer of $8.00 by some company. Is there something that management is not telling us?

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