InvestorsHub Logo
Followers 183
Posts 7856
Boards Moderated 0
Alias Born 02/06/2010

Re: $UPERMAN post# 1911

Sunday, 03/07/2010 12:40:58 PM

Sunday, March 07, 2010 12:40:58 PM

Post# of 5324
I've been reading the DANR news report about the Silver Mine they will acquire. I don't think people understand how big this really is. You really have to read deep into the pr to understand how good this is for DANR... The highly prolific region affords DANR -Dana Resources the opportunity to acquire
additional neighboring land packages and the opportunity of toll mining. There are several
satellite deposits in the area run by local families who have to transport ore several hundred
kilometers away for processing. Having a local mill would be beneficial to all the small-scale
miners in the area and add an additional stream of cash flow for Dana Resources. This basically means that they will be adding to the property and buying more land from local families as time goes by. This is a great strategic move by DANR. In total, Peru holds about 16 percent of the world`s known mineral reserves.