Precious Metal Exploration

Focused on exploration and advancement of mineral projects in Peru

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Message: Re: Analyst Report on Duran Ventures, very comprehensive

I appreciate the link to the report. Haven't had time to go throug it yet.

The projected value of the enterpise at $25-$60 million is disappointing. With fully diluted share count at 129.5 million (from the report), the projected share price at a $60 million valuation is 46 cents. That's not much of a pop from the current share price considering the risk.

I won't even get back my initial investment in MMI at $0.30 per share. We're all dupes.

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