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.

TSXV:PER - Post by User

Peruvian Metals Corp

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Post by topoftheridgeon Mar 25, 2011 4:48pm

417 Views

Post# 18342693

the truth

disclosure, I do not own any shares of DRV.

this will track lower over the next 30 days, low volume but I see 25 cents or (hopefully) less.

April 24, 57 million shares that were purchased at 13 cents become free trading, any investor, speculator, institution or monkey is gonna wanna sell some shares to get their (or some) money out. What would you do if you bought at 13 cents and it is trading at 26?

won't drop below 20 cents because that is the price point of the 57 million warrants...

so some serious overhang and resistance to upward movement....

I will be buying as many shares as I can starting May 2, hopefully at 22 cents or so.

good luck all

I admit I am often wrong, and have no problem admitting it, JMHO.

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