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

Bullboard Posts

Comment by Steve888on Mar 19, 2016 9:13am

84 Views

Post# 24678608

RE:RE:RE:RE:RE:RE:RE:Estimated cash flow from the proposed gold processing plant

THE GOLD RALLY is FAR from OVER.

The performance of gold during 2016 has caught many investors by surprise, outperforming all major asset classes.

The rising gold price should make DRV's projects becoming more and more profitable.

Steve888 wrote:

SuperMoney wrote: The next updates on the tolling plant construction is going to be released anytime from now on because it is scheduled to be completed in the end of March 2016. If the share price remains at 0.02 after being hit by the so-called share consolidation this morning, the next updates should drive the share price up. It is only my opinion, not a financial advice. Cheers.

Steve888 wrote: Gold futures rallied 2.7% in after-hours trading when the Federal Open Market Committee released its latest monetary policy statement and held interest rates steady. This is good for DRV in future.

Steve888 wrote:
Hi, Austrochris, I just want to top up your estimated cash flow after the Aguila Norte plant construction is completed at the end of March 2016. So, new investors could have some idea about the DRV’s tailing plant construction.

In addition, besides the large projected cash flow, DRV has also significant mining projects in Peru. Please see the March 2016 Exploration Portfolio at:

https://duranventuresinc.com/wp-content/uploads/2016/03/DRV_ExplorationPortfolio_March-2016.pdf

SuperMoney wrote: Austrochris, thanks for your correction. Totally agree with you. About $9 million cash flow is a great profit for DRV. Looking forward to see DRV heading up. Thanks again.

austrochris wrote:
Your check is wrong !!!
Duran is not processing the own ore . They had to buy it !!!!
With 15 gramm / ton and 90 recovery and 350 tons duran is processing about 54 000 ounces of gold.

That makes about 11 Million Dolar cash flow - 20 % = about 9 Million Dollar cash flow
( 200 Dollar / ounce )