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

Bullboard Posts

Comment by ceossson Jul 22, 2011 9:38am

198 Views

Post# 18860475

RE: RE: RE: time to move back up again

Rborhi, unless the buyer got Aguilla for the exploration costs with perhaps a small premium, it could not justify the purchase to its shareholders (or itself) and would leave itself wide open to legal exposure. In other words, the property would have to be stolen by the buyer at the expense of the DRV shareholders which we must assume DRV management would never let happen. That is one reason why 43-101 feasibliity studies exist as then both parties can agree on a value based on an independent credible study.

This might be the dumbest thing I've ever had the misfortune of reading.

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