Bear Creek Mining Corp V.BCM

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

Metals & Mining Industrial Metals & Minerals

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.

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Bear Creek Mining Corp

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Post by Datmoogon Sep 26, 2024 2:05pm

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Post# 36242692

Mercedes mine sux

As a long time shareholder of BCM. I really dislike they bought Mercedes mine. It clutters the pure play of Corani. Mercedes is not profitable mine which is why BCM got it for cheap. Corani/BCM should ideally be sold to a big player like PAAS. BCM will move with the silver price. however, current mgmt I have zero confidence to bring Corani anywhere near production. They will just collect their bloated salaries to play games with the Mercedes mine. BCM would be better off getting leaner and meaner and get serious about moving Corani forward. BCM has good shareholders like sandstorm, equinox and other large players. They keep their shares so that's what keeps me in BCM

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