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Panoro Minerals Ltd V.PML

Alternate Symbol(s):  POROF

Panoro Minerals Ltd is a Canadian copper exploration company. The Company is principally engaged in the acquisition, exploration, and development of mineral properties in Peru. It is advancing its flagship Cotabambas Copper-Gold-Silver Project (the Cotabambas Project) located in the strategically important area of southern Peru. In addition to the Cotabambas Project, the Company retains a minority equity interest in the Antilla Copper Project plus a 2% net smelter return (NSR) royalty. The Company also owns a 2% NSR on the Kusiorcco Project operated by Hudbay Minerals as well as three early-stage exploration projects in Peru. Its Cotabambas project is a porphyry copper-gold-silver deposit, located 48 kilometers southwest of the city of Cusco, in the Apurimac region in Southern Peru. Its portfolio includes Humamantata Project and Kusiorcco Project. The Humamantata property is located in Southern Peru and covers an area of 3,600 hectares.


TSXV:PML - Post by User

Bullboard Posts
Post by Suntraderon Feb 17, 2011 10:14am
328 Views
Post# 18149601

News

NewsGeneral update news out today.

Can't wait to see the drill results come out.

The following link is to First Quantums acquisition NR in the fall regarding their acquisition, at $6.35 share, of the Antares 100% owned Haquira project in southern Peru.

https://www.first-quantum.com/i/pdf/NR-10-36-Acquisitionn-of-Antares.pdf

This next one is regarding Hudbay's recent offer to takeover Norsemont and their Costancia copper project in Peru at $4.50 a share.

https://investor.shareholder.com/hbm/releasedetail.cfm?ReleaseID=542578

Can anyone comment on how Panoro's properties compare to these, seems we are undervalued ?

There are very few projects in Peru that are owned by juniors and any that show potential have been taken out by majors !
Bullboard Posts