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http://www.andina.com.pe/Espanol/Noticia.aspx?id=KrFOjm8g6uk=Ment...

  1. top-pick
    4,504 Posts.
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    31/08/08
    13:03
    Post #: 4213966
    http://www.andina.com.pe/Espanol/Noticia.aspx?id=KrFOjm8g6uk=

    Mentions Apurimac Ferrum as investing up to $1.5Bil of this amount into their projects.

    What I found interesting was that it mentioned Xstrata is currently spending about $200mil exploring the Cuzco region in Peru where we have a huge land holding. No wonder they tried to snap us up for the bargain based price of US$650mil earlier this year, if infact it is true that it was Xstrata like others have said (I don't know myself).

    Patience is a virtue!

    SRK Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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