Peruvian Metals Corp V.PER

Alternate Symbol(s): DUVNF

Metals & Mining Industrial Metals & Minerals

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.

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Peruvian Metals Corp

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Comment by jdc1on Jan 12, 2011 11:08am

278 Views

Post# 17959487

RE: RE: RE: RE: PP Breakdown

I always assumed (rightly or wrongly) that what ever value was given to Aguila, the DRV share holders would be given that payout via cash and/or stock and then the "market would "revalue" DRV shares after that one it's own.

ie: Aguila is deemed a value of $400 million for the buyout, each share holder gets a little over $ 2 a share (in cash or stock), but still owns all their DRV shares (but now the shares are worth 30 cents - or what ever the market says they're worth)

I'm not too sure if that makes any sense, I've never been involved in something like this before.

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