Looks Like the New Management Wants to Get things Moving
posted on
Aug 25, 2009 04:42PM
Focused on exploration and advancement of mineral projects in Peru
It looks like the new management wants to get this show on the road. Nice to see managment trying to raise some cash. I wish the stock price was a bit higher. We are giving away shares right now. From what is in the ground the value should be much higher even though dollars are tight.
If you look over the insiders activity on Agoracom and the Canadian Insider.com you can track some of the activity by the directors. Since March 17/09 the directors purchased about 1.5 million shares not including the warrant options. This total did not include Cary Pothorin. This is only what we can see on the screen. I am sure it is much higher than that.
When you look at Cary Pothorin, he has purchased about a million common shares not including the warrant options since March 17/ 09 by himself. This is the man who we should be watching. He is right in Peru overseeing what is going on with our company. In my opinion, he is not buying all these shares because he would like to give a hand-out to Duran Ventures!!! Again, this is what we can see on the screen. I am sure it is much higher than this!!
Hopefully some smart investors will be looking at this information. Maybe it is time for "Pasacancha" to post some of those old messages that included some really good stats on what is available to date and what is the potential of our site. I have used this info and done some really good research on our site and we are sitting on some resources that this mining industry has not seen for quite some time.
Copper is nearing $3.00, the economy shows signs of a turn around we are starting to raise some cash through a PP (a steel for investors if you ask me). Lets hope that we are about to see our stock move to where it should be based on our metals in the ground.
The stock bashers have had there fun at our expense, but now its time to move forward with this property. The copper, silver and hopefully gold is in the ground. We already have established a large copper reserve with good prospects for huge reserve with our other properties close by.