Tuesday, April 29, 2008

BuyOnTheDip.com ~ PERUVIAN GOLD~ ...... SPEC PLAY!

Compania de Minas
Buenaventura SA (ADR)

(Public, NYSE:BVN)

GOLD, SILVER & Sociedad Minera el Brocal SAA (34.3.%), Inversiones Mineras del Sur SA (100%), Conenhua (100%), CEDIMIN (100%), Buenaventura Ingenieros SA (100%) and Sociedad Minera Cerro Verde SAA (18.50%)... the languages of PERU? Spanish, Aymara and Quechua ... it all sounds profitable!
GOLD should continue to drop ... take advantage.


BUY ON THE DIP ~ BUENA VENTURA


.... go team!

3 comments:

PUTS ON THE POP said...

Compania de Minas Buenaventura SA(BVN) is currently strongly bearish.

so says some technicals

....hmmmm.... we'd like some at 60, and 50 sounds nice too.

buy in chunks on the way down.

BOTD!

PUTS ON THE POP said...

p.s. this wil not be a big position in the DIPfolio, but we need some gold/silver/emerging market/miner play.

PUTS ON THE POP said...

this came out today...

The company said that the first-quarter net loss was due to an extraordinary item - the unwinding of its hedge book that negatively impacted the results by $267.2 million.

...sounds fishy. stock is down afterhours.