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 GDXJon Mar 19, 2016 1:00pm

82 Views

Post# 24678996

RE:GREED

20dollarsilver wrote: no need to fck the shareholders other than mgmt greed and laziness. rollbacks never work for the shareholders. reeder should be ashamed but we know he has no shame.

I think the whole idea of rolling back the stock is that the stock price is not ony higher and few shares, but they can start the dillution all over again.
Then management can come along and give themselves some cheap options as a bonus. It hard to give yourself a cheap option when youn your stock is 2 cents.
Its also another reson why so many do a name change when they do a roll back. It a way of getting new uneducateed investors to buy in.
To me rollbacks is just a cop out and I agree with you that it is just greed and laziness.
Time to move on. Sell out take your cash because there are lot of other 2 cent plays with a lot less shares floating about

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