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 1:53pm

126 Views

Post# 24679102

RE:RE:GREED

GDXJ, it may be too early for you to say the following words. If the share consolidation gets rejected by the shareholders, the share price moves 5-10 bags higher and then you lose money. Secondly, If the managers abandon the proposed share consolidation, the share moves 5-10 bags higher and then you also lose money.

Remember: nobody knows whether or not the proposed share consolidation will get approved by our shareholders. In the worst case, even if the share consolidation gets approved and also the managers decide to do it in a suitable time, it will take a long time for sure, maybe 1 year or maybe 5 years, who knows?. From now to that time, the share price could already rise 5-10 bags higher, and then you lose money. So, don't you think it may be high odds to make big profits by just holding your shares now? Don't forget the strong fundamentals could drive the share price up whenever the updates come out from the company. Remember the share consolidation is just an opinion from the managers now and it may never ever go through, and I believe you have seen this happened for many companies before. So do you still want to give up the good opportunity for making big profits by just holding the shares for a little while? Think about this and make a best decision for you. Good luck!

GDXJ wrote:

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