Dizon Copper-Silver Mines Inc
#1
BUSINESS PROFILE

Dizon Copper-Silver Mines, Inc. (DIZ), was incorporated on August 18, 1966 to acquire, purchase, lease, hold, work and operate mines, mining claims, grounds or lodes in the Philippines or in foreign countries.

DIZ has 57 mineral claims in Barangay Buhawen, San Marcelino, Zambales with a total area of 513 hectares. These claims were developed and operated by Benguet Corporation (BC) for 20 years under the Operating Contract entered into by and between DIZ and BC on September 6, 1975. After more than 20 years of occupation, exploration and operation of mineral claims, BC turned over its operating rights to DIZ by virtue of a Memorandum of Agreement dated November 25, 1997 following the closure of mining operations. Mining operations were forced to stop after a landslide caused by heavy rains destroyed mine infrastructures, accompanied by a sudden fall of metal prices in the world market. This made the rehabilitation of the mine facility and resumption of operations impossible.

With the suspension of its mining operations, the Company's present activities are confined to the care and maintenance of the mine site and the mining properties therein. DIZ is currently looking for a new partner to operate the mines and recover the residual gold from its tailings dam. DIZ's port facility, Port Dizon, located in Subic, Zambales may still be used as loading facility for ore and aggregates should the company resume mining operations.

Source: SEC Form 17-A (2010)


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Kung walang drama walang saya Tongue
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#2
338 is hoarding this stock.
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#3
338 still accumulating DIZ since last Monday. They have 12,036,098 shares, 7.6101 average price, NONE SOLD.

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#4
Good price action today got it at 9.00
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#5
got in @ 8.20 ^_^

what's cooking ?
Visit my blog for updates: Krye's Blog
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#6
Nice price Krye! Will try to get some nga din. Seems this bear fruits. Smile
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#7
hmmm... eto kaya ang tinutukoy prots ni master bordz? Big Grin
~In all your ways, acknowledge God.

Initializing Bazura Mode...
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#8
....hihihi baka naman ibang pororots ay! sori prots pala ahihi Big Grin


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#9
Small float....easily jockeyed if they wanted to. Big Grin Kahit si papa bordz kayang kaya to pagalawin e. Hihihi!
Chartwise i see a C&H with a target of above 10 kesos. Below 9 is still a good buy.
As always, keep trades safe. Be fast or be last ika nga!
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#10
Sapul! Sige tirahin nyo na.
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