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Bear Creek Mining Corp V.BCM

Alternate Symbol(s):  BCEKF | V.BCM.WT

Bear Creek Mining Corporation is a Canada-based precious metals producer. The Company is engaged in the production and sale of gold and silver, as well as other related activities, including exploration and development of precious and base metal properties in Peru and Mexico. The 100% owned Mercedes Gold Mine is located in Sonora, Mexico, approximately 250 kilometers (km) northeast of Hermosillo, Mexico and 300 km south of Tucson, Arizona. The Mercedes property consists of 43 mineral concessions totaling 69,284 hectares. The 100% owned Corani silver-lead-zinc property is located in the district of Corani, province of Carabaya, in the department of Puno in southern Peru. The Corani deposit sits at an elevation of between 4,800 and 5,200 meters above sea level, on the eastern side of the Continental Divide in the Andes Mountains. The project consists of thirteen mineral concessions that form a contiguous block of ground covering approximately 5,500 hectares.


TSXV:BCM - Post by User

Comment by goldanalyston Jan 18, 2021 3:03pm
218 Views
Post# 32321694

RE:Bought deal Financing

RE:Bought deal FinancingBecause of the dilution this sizeable PP presents the share price will trade below the PP for a while.Those who had stock before the PP announcement and then partook in the PP will sell their stock in the market for a while. If the silver price moves hard this will move as well. Otherwise it will just float around present levels waiting for the silver market to turn
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