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
