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 Feb 06, 2009 9:39pm

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Post# 15760268

BCM

The price of silver has gone up nicely in the past few weeks which is more than I can say about Bear Creeks share price. By setting the stock options at such a low price management has basically said that they have little faith that we will see a significant increase in the share price.

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