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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.


TSXV:BCM - Post by User

Bullboard Posts
Comment by windson Oct 30, 2008 6:22pm
863 Views
Post# 15557008

RE: RE: RE: Insider Buying

RE: RE: RE: Insider Buying
Silver, Lead, Zinc....prices are down big time and hurting BCM at the same time,hedge funds selling like crazy,was reading that at least 800 to 1000 of them will go bust in 2009,they were the buyers up to $11in 2006 and the sellers down to $0.65 in 2008,but yeah,no question,it's cheap,haywood has a new target at $4.50,will we see a takeover bid around that price range in 2009,could be,recession will still be affecting juniors mining stocks,i'm out for now,sitting on cashand just waiting.....?
Bullboard Posts