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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 Scorison Jan 08, 2011 7:36am
424 Views
Post# 17943006

RE: Musing

RE: MusingYea, the other day when the stock hit 44 cents institutions were buying all day into the closing at 37.5 cents. Broker 11 was buying like crazy all day and I think they have accumulated a couple of million shares the last couple of weeks of which the latest stocks bought are in red. During Thursday and Friday broker 11 hasn't bought a single stock so I'm wondering if they are backing off for the moment to be back buying soon again.

Since there is ~30% institutions in the stock now after the PP there should be some recommendations coming from them with price targets the coming weeks/months.

I think we are in for a ride i DRV.

IMHO


Bullboard Posts