Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by topoftheridgeon Nov 08, 2009 4:25pm
519 Views
Post# 16465424

financial horizon...

financial horizon...

the reason the shareprice tanked (besides the obvious "financial crisis") was because DRV had very little money.

I looked into the near future funding possibilites for DRV via outstanding warrants and options....

First via options

  • 1.5 million options expire Dec 21/09 @ 25cents =$375000

Second via warrants

  • 20 million @ 10cents would be forced conversion around Jan 10/2010 if price stays above 15 cents = $2000000
  • 2.63 million @ 15 cents if price stays above 25 cents = $394500
  • 2.63 million @ 25 cents if price stays above 40 cents = $657500

If price jumps above 25 cents (and stays there) before Dec 21 = $375000 + $394500

if stays above 15 cents in early Jan = $2000000

above 40 cents would equal a further $657500

The very real possibility of $3.4 million into the kiddy over then next few months, without having to "go to the market".

Everyone try to buy more shares and drive the price up to these levels lol.

Bullboard Posts