AllPennyStocks.com

Teaching Investors How To Turn Pennies Into Dollars TM


Subscribe to our free e-newsletter:
 Quote:   Symbol Lookup  (TSX = T.xxx, TSX-V = V.xxx)

Advertising    Contact Us    Message Boards
 
Navigation menu
 

Featured Link

 

Add Us to favorites

Click Here Now!
or hit CRL+D

 

Search Web Site

Web
AllPennyStocks.com

Stocks To Watch

 

 

Canadian Company Spotlight


 

Duran Ventures Inc. Website: Click Here

Information As Of November 4, 2009

Exchange: TSX-Venture Market Cap: $14.1 Million
Outstanding Shares: 85.3 Million 52 Low / High: $0.05 / $0.40

Price November 4, 2009: $0.165

DRV Stock Quote and News: Click Here

"Duran Ventures represents an exceptional opportunity as their porphyry target is very large and likely encompasses the entire area, potentially rivaling comparables 30 times Duran's current market cap -- Mining giant Peñoles now has two drill rigs directly adjacent to Duran's system/claim line and is expected to expand their program in the area."


Overview

Duran Ventures is a Canadian exploration company focused on advancing the Pasacancha Project which features a past producing silver-lead-zinc mine and the Aguila copper-molybdenum project in Ancash, Peru along with other Peruvian projects. The objective for Duran Ventures is to discover and develop mineral resources to the stage that make them attractive for major multi-national corporations to develop into producing deposits either by joint venture earn-in or by outright acquisitions from Duran on terms beneficial to Duran shareholders.


Investment Highlights

  • Impressive Samples. The Pasacancha target is hosted at a past-producing silver-lead zinc mine with the potential for a bulk tonnage resource. The main tunnel sampled over 384 meters returning grades of 0.17 g/t Gold, 69.1 g/t Silver, 0.077% Copper, 0.56% Lead and 0.94% Zinc

  • Flagship Property Yields Impressive Grades. Aguila copper-molybdenum deposit has yielded impressive grades in the order of 0.5 - 0.6% copper (ie.718m grading 0.555% Copper and 0.041% Molybdenum = 1%+ copper equivalent ) and is host to a past producing open-pit mine.

  • Significant Interest From Mining Giant. Mining giant Penoles has moved drills onto the edge of Duran Ventures' Aguila copper-molybdenum porphyry system/claim line. The flurry of activity by Penoles only a couple thousand meters to the south of Aguila's main pit is a tell that something major is developing

  • Benefits Of Past Producing Mines. It is a well known truism that the best way to find a new resource is amidst the workings of an old mine. The past producing mines on Duran's properties has made it easier for them to successfully locate several gold, silver, and copper showings.

  • Buy Rating From Research Firm. Fundamental Research Corp. is an independent research firm with analysts who are focused on the highest institutional quality equity research coverage on small and micro cap companies. Towards the end of January 2009 they gave Duran Ventures a BUY rating and a fair value of $0.40 cents per share.

  • Excellent Geographical Location. Peru was the top silver producing country in the world, responsible for a recorded 118.30 million ounces in 2008. (Source: Market Equities Research Group).

  • Recent Acquisition Agreement. Duran Ventures Inc. and Double Jack Mines Limited, announced an agreement on July 2nd, 2009 whereby Duran has the right to acquire 100% of the shares of Hatum Minas SAC, a wholly owned subsidiary of Double Jack. Hatum owns a 100% interest without third party royalties in several concessions consisting of four project areas totalling 5,437.88 hectares. This includes the Panteria porphyry copper, the Ichunya copper-silver, and the Santa Rita/Coricancha and Don Pancho silver-lead-zinc polymetallic projects.


Profile

Duran Ventures Inc. (TSX-Venture:DRV) has come to our attention due, in part, to the opportunity afforded shareholders as DRV is advancing their 100% owned concessions located in Central Peru where geologists agree that Duran's Aguila copper-molybdenum porphyry deposit is part of a large porphyry cluster in a major mineral district actively taking shape, with Penoles and Duran Ventures holding key ground.

Mining giant Penoles has moved drills onto the edge of Duran Ventures' Aguila copper-molybdenum porphyry system/claim line. The flurry of activity by Penoles only a couple thousand meters to the south of Aguila's main pit is a tell that something major is developing; this is Penoles' only project they are drilling in Peru and they are expected to expand their program in the area. The significance of this to the market place and investors in Duran Ventures Inc. can not be understated as geologists are all under the same agreement that high silver values at Duran's Pasacancha workings ~2km to the SE of Duran's Aguila main drilled porphyry has to be part of the same system and if that system is producing as much alteration and mineralization over 2kms that it is plus now Penoles is drilling off Duran's claim line to the south with four drill rigs -- Duran must be a significant part of a major mineralized district actively taking shape.

Peñoles, based in Mexico City, Mexico, is a subsidiary company 100 percent Mexican and owned by the private Grupo Bal. Peñoles is the second largest Mexican mining company, the first Mexican producer of gold, zinc and lead and the world leader in silver production. Peñoles produces about 80,500,000 troy ounces (2,500,000 kg) of silver and 756,100 troy ounces (23,520 kg) of gold annually. Other metals that the company produces are zinc, lead, copper, bismuth, and cadmium.

The 100% owned Aguila copper-molybdenum deposit has yielded impressive grades in the order of 0.5 - .0.6% copper (ie.718m grading 0.555% Copper and 0.041% Molybdenum = 1%+ copper equivalent ) and is host to a past producing open-pit mine. Drilling has expanded the deposit to the west, east and at depth, encountering higher grade porphyry than other companies in Peru (many the subject of buy-outs in the US$400M - 500M region), the deepest hole is over 600m from surface down and is still in copper mineralization.

The Company announced an exploration update on the Property in early November. The press release stated that Company geologists have been conducting surface sampling as the geophysical work was proceeding. Most of the first 74 samples are panel-type chip samples collected from outcrops of dioritic intrusive rock, with individual samples taken over areas varying from 1x2 to 5x5 metres. All samples are from the Aguila, Aguila East, and Aguila West areas, and average 0.24% copper. Values range from 247 to 17,500 ppm (or 0.024% to 1.75% copper). At an exploration level for porphyry copper deposits, surface samples of over 100 ppm copper are considered significant anomalies. Current sampling in the Aguila area show that 53 of the 74 samples returned values over 1000 ppm copper (0.1% Copper). Molybdenum values range up to 408 ppm (or 0.040% Molybdenum), but are generally lower than the averages of the Aguila intrusives.

The Company also owns a 100% stake in the Pasacancha (silver) project which has yielded high grade silver values at past producing mine that focused on high grade silver veins. The main tunnel sampled over 384m grading of 2 ounces silver/tonne plus other metals. Pasacancha has potential for bulk tonnage resource and is understood to be part of the same system as Aguila. Lastly, the 100% owned Santa Rosa/Corongo gold project owned by the Company is also in close proximity to Aguila and Pasacancha and is yielding values up to 7.8 g/t gold and 191 g/t silver at Santa Rosa and 14.6 g Gold/t and 483.0 g Silver/t at Corongo.

The key point to remember is that the Aguila, Pasacancha and Santa Rosa Projects all fall within Duran's 11,100 hectares and are of close proximity to one another. The fact that Duran's property hosts past producing gold, silver and copper mines was a major determining factor in selecting Duran as AllPennyStocks.com's next Canadian Company spotlight.

It is a well known truism that the best way to find a new resource is amidst the workings of an old mine. The past producing mines on Duran's properties has made it easier for them to successfully locate several gold, silver, and copper showings.

Fundamental Research Corp. is an independent research firm with analysts who are focused on the highest institutional quality equity research coverage on small and micro cap companies. Towards the end of January 2009 they gave Duran Ventures a BUY rating and a fair value of $0.40 cents per share.

Looking at DRV from a technical standpoint, the Company has been in the midst of a bull run that started back at the end of August, where the share price stood at around $0.06. Since then, the Company made two significant run-ups with a consolidation period in between.  Looking at the chart, it seems that the stock is in the midst of a consolidation period right now. While that doesn't necessarily mean that the stock is in for another significant run soon, it is a possibility given the previous chart behaviour.

Examining the chart, there seems to be significant support at $0.14, which if the support holds-up, indicates that there is limited downside possibility, however if the $0.14 support level is broken, investors are encouraged to set their stop losses accordingly. When comparing a 10 day and 50 day EMA, the stock seems strongly positioned for another upside swing.

At this point, investors need to be reminded that these are our interpretations of the DRV technical chart, and we encourage all investors to do their own due diligence on investing in this stock or any other stock mentioned on AllPennyStocks.com. With that being said, the Company is looking quite positive, with a buy rating and a $0.40 target, along with a mining Giant mobilizing on the edge of DRV's property as well as a bullish technical reading, there are many reasons why investors should take a closer look into DRV and why we have chosen it as our latest Company spotlight.


Mining In Peru

Peru was the top silver producing country in the world, responsible for a recorded 118.30 million ounces in 2008 (source Market Equities Research Group). Mining in Peru has a moderately positive outlook due to low short term political risk and relatively high mineral potential. In the Fraser Institute survey of mining companies for 2007/2008, Peru was ranked 28 out of 68 overall, and was third only to Mexico and Chile in South America for policy potential. Many domestic and foreign companies operating within Peru’s mining sector have been expanding their operations and increasing exploration, further drawing exploration companies to initiate projects in the country. Major international suppliers of mining equipment and services are represented within the country, providing a source for industry goods and know-how. Infrastructure is relatively weak; however, development is ongoing which will only benefit the industry.


Company Properties

Aguila Copper-Molybdenum Porphyry

The Aguila copper-molybdenum porphyry deposit and Pasacancha porphyry concession have been the subject of systematic exploration by Duran Ventures since 2003. DRV is now conducting a deep IP-MAG Geophysical survey (see Sept. 24, 2009 release) to cover most of the El Halcon (A.K.A. Aguila) and Pasacancha 1 concessions.

Aguila copper-molybdenum deposit has yielded impressive grades in the order of 0.5 - 0.6% copper (ie.718m grading 0.555% Cu and 0.041% Mo = 1%+ copper equivalent ) and is host to a past producing open-pit mine. Drilling has expanded the deposit to the west, east and at depth, encountering higher grade porphyry than other companies in the region, the deepest hole is over 600m from surface down and is still in copper mineralization. Recent exploration work at Aguila has now outlined a much larger target, the dimensions of the porphyry are believed to be large and results from recent exploration efforts are expected soon and will improve on the dimensions. Indications are positive for having big porphyry at depth. There is strong potential for further expansion of the Aguila deposit through additional drilling. Results from the deep induced polarization geophysical survey being performed now will provide clarity and set the stage for taking DRV to the next level as Aguila and Pasacncha could conceivably rival other 200-300M tonne range porphyry deposits in the region.

Each project offers major discovery potential and are all located in mining friendly politically stable Peru.

To the northeast of the drilled section are numerous surface intrusive rocks in areas not yet drilled. Duran can show now the copper mineralization extends from the drilled area about 400m to the northeast -- if that is the case and we know in the drilled section Duran intersected in the order of .5 - .6% copper and the deepest drill hole was over 600m projected from the surface down and was still in copper mineralization -- if Duran can expand that to the east several hundred meters from the known area, the target area will be sizeable. When comparing Duran's potential to established Copper-Molybdenum deposits in the region such as Norsemont Mining (TSX:NOM) it is important to note that the grades at Duran's Aguila porphyry are higher. Norsemont Mining has a defined resource of ~300+M tonnes, a market cap nearing $150 million and is a buy out candidate at a level significantly above that -- Duran has phenomenal grades and everything points to the fact Duran has potential for similar size porphyry and a correspondingly significant upside move in valuation. Transactions over the last couple of years involving copper deposits similar to what Duran Ventures is targeting in Peru have seen multiple deals made in the $400M - $800M range.

While there is strong potential for further expansion of the Aguila deposit through additional drilling, the exploration has also focused on other areas of interest in close proximity to Aguila and with strong geological similarities, in effort to increase the magnitude of the overall resources. Only a limited amount of work has been completed to date to test these high priority targets that have been outlined from surface work and may lead to significant new copper-molybdenum deposits that would improve the overall economic outlook for the entire project.

Pasacancha Silver-Lead-Zinc Project - Central Peru

Peru was the top silver producing country in the world, responsible for a recorded 118.30 million ounces in 2008 (source Market Equities Research Group). Miners know ‘the best place to find a new resource is amidst the workings of an old mine’ -- The Pasacancha concession is host to the past producing Pasacancha mine, where historical production focused on high grade silver veins that have been mapped across a large part of the property.

The Pasacancha mine workings are situated at the top of a hill above a town with the same name. Several tunnels have been identified which access the vein deposits at various elevations. The combined workings have been mapped for several kilometers and this extensive underground infrastructure serves as evidence of the intensity of mineralization throughout the area. The historic mining activity was concentrated on the highest grade veins and the project geologists have begun work to search for deposit areas of interest that were overlooked by the previous mine operator.

Early stage exploration work at this target included soil sampling and trenching programs that covered a much wider zone surrounding the old mine workings. The results from this work indicated the potential for a large area of alteration bearing lower grades of silver and gold, along with the presence of significant lead and zinc values. This has been interpreted to suggest that a potential bulk tonnage poly-metallic deposit of disseminated alteration may exist at Pasacancha.

Considering the impressive lateral extent that has yielded positive results from the early phase exploration work, there is the potential to define a deposit at Pasacancha that could amount to 100+ million tonnes or more. In the context of a large open pit mine, an average silver grade of at least 2-3 ounces per tonne, plus associated by-product credits from other recoverable metals, would represent an attractive economic potential for development.

Duran Ventures plans to conduct a thorough and comprehensive exploration program designed to test for the existence of a large deposit of disseminated lower grade silver-gold-lead-zinc mineralization. Despite relatively challenging topography and rock conditions, the company recently reported the first successful drill intervals from Hole 4B; see January 26, 2009 release 'Duran Reports Pasacancha Hole 4B Results: 104 metres (344 feet) of 35 g Ag/t (1.1 oz Ag/t) Including 34 metres (114 feet) of 55 g Ag/t (1.8 oz Ag/t) and 36 metres (119 feet) of 40 g Ag/t (1.3 oz Ag/t)'. This progress has confirmed the preliminary exploration model. In order to continue with a more intensive drill program Duran Ventures applied for and was granted a C Permit from the Peruvian Government. Follow up work is planned with further drilling programs, with the objective to establish a large tonnage of mineralization by expanding the lateral boundaries through step out drilling.

Santa Rosa and Corongo Area Gold Project - Central Peru

Santa Rosa/Corongo is a block of claims ~6km - 10km to the northwest of Aquila. Santa Rosa was identified in 1998 through fieldwork completed by Rio Tinto, a prior operator of the property as part of a joint-venture exploration program. Historic small-scale mining in the area produced gold, copper, and silver from vein and manto systems that outcropped near surface. Rio Tinto completed a preliminary series of drill holes along across a widely spaced grid in search of a potential bulk tonnage mineralized system. The results included several encouraging gold intervals that appeared to be related to feeder vein structures, however lacking the continuity necessary to meet the criteria for a larger system, Rio Tinto did not do any follow up work. As is often the case with Rio Tinto 'walk-aways', they were not given the attention necessary and Mining MarketWatch Journal has seen numerous prized assets develop from Rio Tinto walk-aways.

Double Jack Mines Ltd. Property Option

Duran Ventures Inc. and Double Jack Mines Limited ("Double Jack"), announced an agreement on July 2nd, 2009 whereby Duran has the right to acquire 100% of the shares of Hatum Minas SAC ("Hatum"), a wholly owned subsidiary of Double Jack. Hatum owns a 100% interest without third party royalties in several concessions consisting of four project areas totalling 5,437.88 hectares. This includes the Panteria porphyry copper, the Ichunya copper-silver, and the Santa Rita/Coricancha and Don Pancho silver-lead-zinc polymetallic projects. The Company is very pleased with the exploration potential of these new properties and looks forward to beginning the initial exploration and development work.

The Panteria Porphyry Copper prospect is located in the Department of Ica in south-central Peru. It consists of one main block totalling 1,700 hectares and another 400 hectare concession two kilometres to the east. Rio Tinto Zinc operated ths project in the early 2000's, and Hatum acquired the concession in 2007. Rio Tinto conducted a very limited exploration program comprising of two or three diamond drill holes. The information from Rio Tinto's work program is currently unpublished, however the company will inquire about obtaining the data. Peru. Hatum's initial sampling program at Panteria confirmed widespread anomalous copper, gold, and silver over an 800 by 250 metre zone, with local quartz-sulfide stockworks and veining in porphyritic intrusive rocks. There are abundant copper oxides and carbonates on surface with indications of strong surface leaching of copper and iron sulfide minerals. Panteria has all the hallmarks of a significant supergene copper deposit with an underlying hypogene porphyry coppersystem.

The Santa Rita and Coricancha South Properties (1,737.88 hectares) are located 75 kilometres from Lima in the San Mateo District in Central Peru, in an area of active and past producing silver-lead-zinc mines. The Coricancha South Property is located immediately south-southwest of Gold Hawk Resources's Coricancha Mine. Hatum's mine dump and rock chip sampling returned ten out of twenty-eight samples with greater than 100 grams silver per tonne, with the highest value of 1,280 grams silver per tonne. Ten samples returned over 1% lead, and seven samples with over 1% zinc. Gold, copper, and molybdenum values are strongly anomalous, with up to 2.2 grams gold per tonne, 8.8% copper, and 0.1% molybdenum.

The Ichuña Copper-Silver Project (1,000 hectares) is located in 120 kilometres northeast of Arequipa in the Department of Moquegua in Southern Peru. A past producer from Spanish colonial times, Hatum sampling returned strong copper and silver values with anomalous arsenic, barium, and antimony. Mineralization is controlled by north-south trending structures related to altered intrusive bodies. Copper values range as high as 12.75% and silver up to 8.2 ounces silver per tonne. These copper-silver bearing structures may be indications of porphyry copper mineralization at depth.

The Don Pancho Silver-Lead-Zinc Project (600 hectares) is located in the Lima Department and is currently optioned to a third party, Jantar Resources Ltd ("Jantar"). Jantar may earn a 100% interest for property option payments of $375,000 in cash and 400,000 common shares over four years. Jantar are also required to spend $1,500,000 on the property. Double Jack would then revert to a 2% Net Smelter Return interest which Jantar may reduce to 1% by issuing 200,000 additional shares.

Duran has the right to acquire a 100% interest in all of the Double Jack - Hatum properties for the issuance of C$1,200,000 of Duran common shares valued at the average May 2010 closing price subject to an average price calculation of $0.10 minimum (maximum 12,000,000 shares) and a $0.20 maximum (minimum 6,000,000 shares). The issuance of these Duran shares will be subject to shareholder approval at the next Annual and Special Meeting of shareholders in June 2010.

Duran has agreed to complete exploration expenditures of US$100,000 on the Panteria Property by May 31, 2010 and to reimburse Double Jack for 2009 maintenance fees of US$15,000 US once the lock-up agreement is in place. If Double Jack delivers the two thirds lock up and Duran fails to obtain shareholder approval or complete the transaction, Duran has agreed to return the properties with the 2010 maintenance fees paid and a break fee of 500,000 Duran common shares. A definitive agreement will be executed once Double Jack and Duran have received shareholder and regulatory approvals.


Recent News and Press Releases

Duran Ventures Provides Exploration Update on the Aguila Copper and Molybdenum Project
CCNMatthews (Mon, Nov 2)


Duran Ventures to Commence Deep IP-MAG Geophysical Survey at Pasacancha and Aguila in Peru
CCNMatthews (Wed, Sep 16)


Duran Granted Final Approval For $1,000,000 Financing
CCNMatthews (Wed, Sep 2)


Duran Announces 100% Double Jack Lock-up Agreement
CCNMatthews (Tue, Sep 1)


Duran Increases Management Depth
CCNMatthews (Tue, Sep 1)


Duran Announces Grant of Stock Options
CCNMatthews (Mon, Aug 31)


Duran Completes $1,000,000 Financing
CCNMatthews (Fri, Aug 28)


Duran Announces Financing For Up to $1,000,000
CCNMatthews (Tue, Aug 25)


Duran Announces Private Placement For Up to $500,000
CCNMatthews (Fri, Jul 31)


Duran Announces Peru Acquisitions and Transition to New CEO
CCNMatthews (Thu, Jul 2)


 
Management Team

Jeffrey J. Reeder, P. Geo., Chief Executive Officer and Director
Jeffrey J. Reeder, P. Geo., has a B.Sc. from the University of Alberta and since 1992 has been registered as a professional geologist with the Association of Professional Engineers and Geoscientists of British Columbia. Mr. Reeder is the geologist that originally identified and acquired the Aguila copper-moly project in Peru for Duran Resources ULC (formerly MacMillan Gold Corp.). Mr. Reeder has 15 years of experience in Peru and is fluent in Spanish. Mr. Reeder's experiences prior to joining MacMillan Gold included working with Noranda Exploration and the Hunter-Dickenson Group of Companies. Mr. Reeder was also responsible for identifying the Pinaya Copper-Gold project currently being explored by Acero-Martin Exploration.

Cary Pothorin, P.Geo., President
Mr. Cary Pothorin, P.Geo. is a Canadian professional geologist in good standing with the Association of Professional Engineers and Geoscientists of British Columbia. He graduated in 1988 with a B.Sc. specialized in Geology from the University of Alberta. Mr. Pothorin is fluent in Spanish and his most recent experience is as VP Exploration of Acero-Martin Exploration Inc. who had successfully advanced the Pinaya Porphry Copper-Gold Porphyry-Skarn Deposit in Peru to a National Instrument 43-101 compliant resource.

John P. Thompson, P. Eng., Director
Mr. John P. Thompson, P. Eng. has a B.Sc. and a M.Sc. from Acadia University in Nova Scotia. Mr. Thompson has been a director since June 2006. Mr. Thompson has over 35 years of mineral exploration, advanced property evaluation, ore reserve estimation and mining experience and is currently a consultant to the industry and President of John P Thompson and Associates.

Joseph Del Campo, CMA, Director
Mr. Joseph Del Campo, CMA, is a graduate of Ryerson Polytechnical Institute in Toronto and has been a director and audit chairman since July 2006. Mr. Del Campo is the Chief Financial Officer of First Nickel Inc. and is the Chief Financial Officer and a director of Unigold Inc.

Daniel Hamilton, Chief Financial Officer
Mr. Hamilton has 25 years of progressive experience in accounting and finance roles. Mr. Hamilton has completed a bachelor of commerce and bachelor of administration at the University of Ottawa. Mr. Hamilton worked for several chartered accounting firms, including Stern Cohen, Clarkson Gordon and Arthur Young of Australia. Mr. Hamilton's many years of mining and exploration experience were accumulated from working for Noranda Minerals Inc., Noranda Inc., Agra Monenco Inc., AMEC Inc. and Chrystallex International. Mr. Hamilton is experienced at performing public reporting for junior resource companies such as Cuervo Resources Inc. and Amerix Precious Metals Corp.


Contacts
 
Duran Ventures Inc.
350 Wellington St. W.
Suite G19
Toronto, Ontario, Canada
M5V 3W9
Phone: 416-867-1101
Fax: 416-867-1222
Email: info@duranventuresinc.com

Juan Jose Ari
MINERA AGUILA DE ORO S.A.C.
Avenida Juan de Arona 670, Dpto. 401,
San Isidro, Lima, PERU
Phone: 511-422-1467

SEDAR Filings

DRV filings with SEDAR can be found here. All Fillings are current and the Company is fully reporting.


FORWARD LOOKING STATEMENTS

This report includes forward-looking statements that reflect Duran Ventures Inc. current expectations about its future results, performance, prospects and opportunities. Duran Ventures Inc. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause Duran Ventures Inc.'s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.


Disclaimer

AllPennyStocks.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. This is an advertisement for Duran Ventures Inc. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

© 1999-2009 AllPennyStocks.com. All rights reserved. AllPennyStocks.com is not a Registered Broker/Dealer or Financial Advisor, nor do we hold ourselves out to be. All materials presented on our web site and individual reports released to the public through this web site, e-mail or any other means of transmission are not to be regarded as investment advice and are only for informative purposes. Before making a purchase or sale of any securities featured on our web site or mentioned in our reports, we strongly encourage and recommend consultation with a registered securities representative. This is not to be construed as a solicitation or recommendation to buy or sell securities. As with any stock, companies we select to profile involve a degree of investment risk and volatility. Particularly Small-Caps and OTC-BB stocks. All investors are cautioned that they may lose all or a portion of their investment if they decide to make a purchase in any of our profiled companies. Past performance of our profiled stocks is not indicative of future results. The accuracy or completeness of the information on our web site or within our reports is only as reliable as the sources they were obtained from. The profile and opinions expressed herein are expressed as of the date the profile is posted on site and are subject to change without notice. No investor should assume that reliance on the views; opinions or recommendations contained herein will produce profitable results. AllPennyStocks.com may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports. In order to be in full compliance with the Securities Act of 1933, Section 17(b), AllPennyStocks.com will disclose in it's disclaimer, what, if any compensation was received for our efforts in researching, presenting and disseminating this information to our subscriber database and featuring the report on the AllPennyStocks.com web site. AllPennyStocks.com has been compensated twelve thousand five hundred dollars by the Company for its efforts in presenting the DRV profile on its web site and distributing it to its database of subscribers as well as other services. AllPennyStocks.com may decide to purchase or sell shares on a voluntary basis in the open market before, during or after the profiling period of this report. As of the profile date, no shares have been sold. Information presented on our web site and within our reports contain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as “expects’”, “will,” “anticipates,” “estimates, “believes,” or that by statements indicating certain actions “may,” “could,” or “might” occur.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SMALL CAP SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.

We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission (SEC) at: http://www.sec.gov and/or the National Association of Securities Dealers (NASD) at: http://www.nasd.com. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site

 

 


 

AllPennyStocks.com © 1999 - 2009. AllPennyStocks.com is a web publishing venture produced by AllPennyStocks.com Media, Inc.