UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

                 Quarterly Report under Section 13 or 15 (d) of
                         Securities Exchange Act of 1934

                     For the Period ended December 31, 2007

                        Commission File Number 333-127736


                              PLACER DEL MAR, LTD.
                 (Name of small business issuer in its charter)

        Nevada                                                  72-1600437
(State of Incorporation)                                (IRS Employer ID Number)

                           302 Washington Street #351
                            San Diego, CA 92103-4221
                                 (775) 352-3839
          (Address and telephone number of principal executive offices)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer or a smaller reporting company.

Large accelerated filer [ ]                        Accelerated Filer [ ]

Non-accelerated filer [ ]                          Smaller reporting company [X]
(Do Not Check if a Smaller Reporting Company)

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [X] No [ ]

As of December 31, 2007, the registrant had 1,720,000 shares of common stock,
$0.001 par value, issued and
outstanding.
<PAGE>
ITEM 1. FINANCIAL STATEMENTS.

The un-audited quarterly financial statements for the period ended December 31,
2007, prepared by the company, immediately follow.



                                       2
<PAGE>
                               PLACER DEL MAR, LTD
                          (A Exploration Stage Company)
                                 Balance Sheets
                             (Stated in US Dollars)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                 (Unaudited)
                                                                    As of              As of
                                                                  December 31,        June 30,
                                                                     2007               2007
                                                                   --------           --------
<S>                                                                <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                             $  5,897           $  5,710
                                                                   --------           --------
TOTAL CURRENT ASSETS                                                  5,897              5,710
                                                                   --------           --------

      TOTAL ASSETS                                                 $  5,897           $  5,710
                                                                   ========           ========

                       LIABILITIES & STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts payable                                                 $     --           $  1,000
  Loan from shareholder                                              33,000             19,000
                                                                   --------           --------
TOTAL CURRENT LIABILITIES                                            33,000             20,000

      TOTAL LIABILITIES                                              33,000             20,000

STOCKHOLDERS' EQUITY
  Common stock, ($0.001 par value, 50,000,000 shares
   authorized; 1,720,000 shares issued and outstanding
   as of December 31, 2007 and June 30, 2007                          1,720              1,720
  Additional paid-in capital                                         42,480             42,480
  Deficit accumulated during exploration stage                      (71,303)           (58,490)
                                                                   --------           --------
TOTAL STOCKHOLDERS' EQUITY                                          (27,103)           (14,290)
                                                                   --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY                     $  5,897           $  5,710
                                                                   ========           ========
</TABLE>

                       See Notes to Financial Statements

                                       3
<PAGE>
                               PLACER DEL MAR, LTD
                          (A Exploration Stage Company)
                       Statement of Operations (Unaudited)
                             (Stated in US Dollars)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                   May 13, 2005
                                 Six Mos         Three Mos         Six Mos         Three Mos       (inception)
                                  Ended            Ended            Ended            Ended           through
                               Dec 31, 2007     Dec 31, 2007     Dec 31, 2006     Dec 31, 2006     Dec 31, 2007
                               ------------     ------------     ------------     ------------     ------------
<S>                             <C>              <C>              <C>              <C>              <C>
REVENUES
  Revenues                      $       --       $       --       $       --       $       --       $       --
                                ----------       ----------       ----------       ----------       ----------
TOTAL REVENUES                          --               --               --               --               --

OPERATING COSTS
  Administrative expenses           12,813            4,731           15,392           11,645           71,303
                                ----------       ----------       ----------       ----------       ----------
TOTAL OPERATING COSTS              (12,813)          (4,731)         (15,392)      $  (11,645)         (71,303)
                                ----------       ----------       ----------       ----------       ----------

NET INCOME (LOSS)               $  (12,813)      $   (4,731)      $  (15,392)      $  (11,645)      $  (71,303)
                                ==========       ==========       ==========       ==========       ==========

BASIC EARNINGS PER SHARE        $    (0.01)      $    (0.00)      $    (0.01)      $    (0.01)
                                ==========       ==========       ==========       ==========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING       1,720,000        1,720,000        1,720,000        1,720,000
                                ==========       ==========       ==========       ==========
</TABLE>


                       See Notes to Financial Statements

                                       4
<PAGE>
                               PLACER DEL MAR, LTD
                          (A Exploration Stage Company)
            Statement of Changes in Stockholders' Equity (unaudited)
               From May 13, 2005 (Inception) through Dec. 31, 2007
                             (Stated in US Dollars)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                          Deficit
                                                                                        Accumulated
                                                              Common      Additional      During
                                               Common         Stock        Paid-in      Exploration
                                                Stock         Amount       Capital         Stage         Total
                                                -----         ------       -------         -----         -----
<S>                                           <C>           <C>           <C>            <C>              <C>
BALANCE, MAY 13, 2005                                --      $    --       $    --       $     --      $     --

Stock issued for cash on May 20, 2005
 @ $0.01 per share                            1,000,000        1,000         9,000                       10,000

Stock issued for cash on June 14, 2005
 @ $0.01 per share                              420,000          420         3,780                        4,200

Stock issued for cash on June 30, 2005
 @ $0.10 per share                              200,000          200        19,800                       20,000

Net loss, June 30, 2005                                                                    (3,500)       (3,500)
                                             ----------      -------       -------       --------      --------

BALANCE, JUNE 30, 2005                        1,620,000        1,620        32,580         (3,500)       30,700
                                             ----------      -------       -------       --------      --------
Stock issued for services on May 22, 2006
 @ $0.10 per share                              100,000          100         9,900                       10,000

Net loss, June 30, 2006                                                                   (25,885)      (25,885)
                                             ----------      -------       -------       --------      --------

BALANCE, JUNE 30, 2006                        1,720,000        1,720        42,480        (29,385)       14,815
                                             ----------      -------       -------       --------      --------

Net loss, June 30, 2007                                                                   (29,105)      (29,105)
                                             ----------      -------       -------       --------      --------

BALANCE, JUNE 30, 2007                        1,720,000        1,720        42,480        (58,490)      (14,290)
                                             ----------      -------       -------       --------      --------

Net Loss Dec 31, 2007                                                                     (12,813)      (12,813)
                                             ----------      -------       -------       --------      --------

BALANCE, DEC 31, 2007                         1,720,000      $ 1,720       $42,480       $(71,303)     $(27,103)
                                             ==========      =======       =======       ========      ========
</TABLE>

                       See Notes to Financial Statements

                                       5
<PAGE>
                               PLACER DEL MAR, LTD
                          (A Exploration Stage Company)
                       Statement of Cash Flows (Unaudited)
                             (Stated in US Dollars)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                                 May 13, 2005
                                                   Six Mos        Three Mos        Six Mos        Three Mos      (inception)
                                                    Ended           Ended           Ended           Ended          through
                                                 Dec 31, 2007    Dec 31, 2007    Dec 31, 2006    Dec 31, 2006    Dec 31, 2007
                                                 ------------    ------------    ------------    ------------    ------------
<S>                                                <C>             <C>             <C>             <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income (loss)                                $(12,813)       $ (4,731)       $(15,392)       $(11,645)       $(71,303)
  Adjustments to reconcile net loss to net cash
   provided by (used in) operating activities:
     Stock issued for services                           --              --              --              --              --
  Changes in operating assets and liabilities:
     Accounts payable and accrued expenses           (1,000)             --          (1,000)             --              --
                                                   --------        --------        --------        --------        --------
          NET CASH PROVIDED BY (USED IN)
           OPERATING ACTIVITIES                     (13,813)         (4,731)        (16,392)        (11,645)        (71,303)

CASH FLOWS FROM INVESTING ACTIVITIES

          NET CASH PROVIDED BY (USED IN)
           INVESTING ACTIVITIES                          --              --              --              --              --

CASH FLOWS FROM FINANCING ACTIVITIES
  Proceeds from loan from shareholder                14,000           9,000           5,000              --          33,000
  Issuance of common stock                               --              --              --              --           1,720
  Additional paid-in capital                             --              --              --              --          42,480
                                                   --------        --------        --------        --------        --------
          NET CASH PROVIDED BY (USED IN)
           FINANCING ACTIVITIES                      14,000           9,000              --              --          77,200
                                                   --------        --------        --------        --------        --------

NET INCREASE (DECREASE) IN CASH                         187           4,269         (11,392)        (11,645)          5,897

CASH AT BEGINNING OF PERIOD                           5,710           1,628          15,815          16,068              --
                                                   --------        --------        --------        --------        --------

CASH AT END OF PERIOD                              $  5,897        $  5,897        $  4,423        $  4,423        $  5,897
                                                   ========        ========        ========        ========        ========
SUPPLEMENTAL DISCLOSURES OF CASH
FLOW INFORMATION

Cash paid during year for:
  Interest                                         $     --        $     --        $     --        $     --        $     --
                                                   ========        ========        ========        ========        ========
  Income Taxes                                     $     --        $     --        $     --        $     --        $     --
                                                   ========        ========        ========        ========        ========
</TABLE>

                       See Notes to Financial Statements

                                       6
<PAGE>
                              PLACER DEL MAR, LTD.
                         (An Exploration Stage Company)
                Notes to Interim Financial Statements (Unaudited)
                                December 31, 2007
                            (Stated in U.S. Dollars)


NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

The Company was  incorporated  in the State of Nevada on May 13,  2005,  and its
year-end is June 30. The Company is "An Exploration Stage Company" as defined by
Statement  of  Financial  Accounting  Standard  ("SFAS")  No. 7. The Company has
obtained a mineral  rights option  agreement and intends to explore the property
further to determine if valuable minerals exist within the rights claim.

The Company is in the planning and  implementation  stage of its business  plan.
The Company plans to be engaged in the exploration of mineral  properties with a
view to exploit any mineral  deposits they discover  that  demonstrate  economic
feasibility.  Exploration  will be required before a final  evaluation as to the
economic and legal feasibility is determined.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF ACCOUNTING

The Company's  financial  statements  are prepared  using the accrual  method of
accounting.

BASIC EARNINGS (LOSS) PER SHARE

In February  1997,  the FASB issued SFAS No. 128,  "Earnings  Per Share",  which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities  with  publicly  held common  stock.  SFAS No. 128
supersedes the provisions of APB No. 15, and requires the  presentation of basic
earnings (loss) per share and diluted earnings (loss) per share. The Company has
adopted the provisions of SFAS No. 128 effective May 13, 2005 (inception).

Basic net  earnings  (loss) per share  amounts is computed  by dividing  the net
earnings  (loss) by the weighted  average  number of common shares  outstanding.
Diluted  earnings  (loss)  per share are the same as basic  earnings  (loss) per
share due to the lack of dilutive items in the Company.

CASH EQUIVALENTS

The Company considers all highly liquid  investments  purchased with an original
maturity of three months or less to be cash equivalents.

MINERAL PROPERTY COSTS

The Company has been in the  exploration  stage since its  formation  on May 13,
2005 and has not yet realized any revenues  from its planned  operations.  It is
primarily  engaged in the  acquisition  and  exploration  of mining  properties.
Mineral property  acquisition and exploration costs are charged to operations as
incurred.   When  it  has  been  determined  that  a  mineral  property  can  be
economically developed as a result of establishing proven and probable reserves,
the costs incurred to develop such property, are capitalized. Such costs will be
amortized  using the  units-of-production  method over the estimated life of the
probable reserve.

                                       7
<PAGE>
                              PLACER DEL MAR, LTD.
                         (An Exploration Stage Company)
                Notes to Interim Financial Statements (Unaudited)
                                December 31, 2007
                            (Stated in U.S. Dollars)


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

USE OF ESTIMATES AND ASSUMPTIONS

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent  assets and  liabilities at the date of the financial  statements and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates. In accordance with FASB 16 all
adjustments are normal and recurring.

INCOME TAXES

Income taxes are provided in accordance  with Statement of Financial  Accounting
Standards No. 109 (SFAS 109),  Accounting for Income Taxes. A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss  carryforwards.  Deferred tax expense (benefit)
results  from  the net  change  during  the  year of  deferred  tax  assets  and
liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management,  it is more likely than not that some portion or all of the deferred
tax  assets  will not be  realized.  Deferred  tax assets  and  liabilities  are
adjusted  for the  effects  of  changes  in tax  laws  and  rates on the date of
enactment.

RECENT ACCOUNTING PRONOUNCEMENTS

In February 2007, the Financial  Accounting  Standards  Board (FASB) issued SFAS
No. 159, "The Fair Value Option for Financial Assets and Financial Liabilities -
Including an Amendment  of FASB  Statement  No.  115".  This  statement  permits
entities to choose to measure many financial instruments and certain other items
at fair  value.  Most of the  provisions  of SFAS No. 159 apply only to entities
that  elect the fair  value  option.  However,  the  amendment  to SFAS No.  115
"Accounting for Certain  Investments in Debt and Equity  Securities"  applies to
all entities with  available-for-sale  and trading  securities.  SFAS No. 159 is
effective as of the beginning of an entity's first fiscal year that begins after
November 15, 2007.  Early  adoption is permitted as of the beginning of a fiscal
year that begins on or before November 15, 2007, provided the entity also elects
to apply the provision of SFAS No. 157, "Fair Value Measurements".  The adoption
of this  statement  is not expected to have a material  effect on the  Company's
financial statements.

                                       8
<PAGE>
                              PLACER DEL MAR, LTD.
                         (An Exploration Stage Company)
                Notes to Interim Financial Statements (Unaudited)
                                December 31, 2007
                            (Stated in U.S. Dollars)


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements".  The
objective of SFAS 157 is to increase consistency and comparability in fair value
measurements and to expand disclosures about fair value  measurements.  SFAS 157
defines  fair  value,  establishes  a  framework  for  measuring  fair  value in
generally accepted  accounting  principles,  and expands  disclosures about fair
value measurements.  SFAS 157 applies under other accounting pronouncements that
require or permit  fair value  measurements  and does not  require  any new fair
value measurements.  The provisions of SFAS No. 157 are effective for fair value
measurements  made in fiscal  years  beginning  after  November  15,  2007.  The
adoption of this  statement  is not  expected  to have a material  effect on the
Company's future reported financial position or results of operations.

NOTE 3. GOING CONCERN

The  accompanying  financial  statements  have been  prepared  assuming that the
Company will continue as a going  concern.  The Company  generated a net loss of
$71,303  during the period from May 13, 2005  (inception)  to December 31, 2007.
This condition raises  substantial doubt about the Company's ability to continue
as a going concern.

Management  plans to raise  additional  funds through debt or equity  offerings.
Management  has yet to decide what type of offering  the Company will use or how
much capital the Company will attempt to raise.  There is no guarantee  that the
Company will be able to raise any capital through any type of offerings.

NOTE 4. WARRANTS AND OPTIONS

There are no warrants or options outstanding to acquire any additional shares of
common.

NOTE 5. RELATED PARTY TRANSACTION

The Company neither owns nor leases any real or personal  property.  The company
has obtained a mineral  rights option  agreement.  The  officer/director  of the
Company is retired.  It is possible he could become  involved in other  business
activities as they become  available.  This could create a conflict  between the
Company and his other  business  interests.  The Company  has not  formulated  a
policy for the resolution of such a conflict should one arise.

Loan from shareholder represents a loan from a related party. As of December 31,
2007 the loan balance is $33,000.  Currently there are no repayment terms nor is
there interest being charged.

                                       9
<PAGE>
                              PLACER DEL MAR, LTD.
                         (An Exploration Stage Company)
                Notes to Interim Financial Statements (Unaudited)
                                December 31, 2007
                            (Stated in U.S. Dollars)


NOTE 6. INCOME TAXES

                                                         As of December 31, 2007
                                                         -----------------------
     Deferred tax assets:
     Net operating tax carryforward                              $ 71,303
     Tax rate                                                          34%
                                                                 --------
     Gross deferred tax assets                                     24,243
     Valuation allowance                                          (24,243)
                                                                 --------

     Net deferred tax assets                                     $      0
                                                                 ========

Realization of deferred tax assets is dependent upon  sufficient  future taxable
income during the period that deductible temporary differences and carryforwards
are expected to be available to reduce  taxable  income.  As the  achievement of
required  future taxable income is uncertain,  the Company  recorded a valuation
allowance.

NOTE 7. NET OPERATING LOSSES

As of December 31, 2007, the Company has a net operating loss  carryforwards  of
$71,303.  Net operating loss carryforward expires twenty years from the date the
loss was incurred.

NOTE 8. MINERAL PROPERTY

Pursuant to a mineral  property option agreement dated June 3, 2005, the Company
was granted an option to acquire the sole and  exclusive  right,  privilege  and
option  to  explore  the  claim  together  with the sole  and  exclusive  right,
privilege  and option to purchase  the mineral  rights under  certain  terms and
conditions.

A) CASH PAYMENTS

Cash payment of $2,000 upon execution of the agreement.

B) PROPERTY PAYMENTS AND ASSESSMENT WORK

Pay, or cause to paid,  to grantor,  or on  grantor's  behalf as the Company may
determine,  all  property  payments  and  assessment  work  required to keep the
Concessions and this Option in good standing during the term of this agreement.

NOTE 9. FOREIGN CURRENCY TRANSLATION

Functional  currency for the Company is in US dollars.  In accordance  with FASB
#52 paragraph 9 the Company will continue to issue their financial statements in
their established  functional  currency unless  significant  changes in economic
facts and  circumstances  indicate  clearly  that the  functional  currency  has
changed.

                                       10
<PAGE>
                              PLACER DEL MAR, LTD.
                         (An Exploration Stage Company)
                Notes to Interim Financial Statements (Unaudited)
                                December 31, 2007
                            (Stated in U.S. Dollars)


NOTE 10. STOCK TRANSACTIONS

Transactions,  other than  employees'  stock  issuance,  are in accordance  with
paragraph 8 of SFAS 123. Thus issuances shall be accounted for based on the fair
value of the consideration received. Transactions with employees' stock issuance
are in accordance with paragraphs  (16-44) of SFAS 123. These issuances shall be
accounted for based on the fair value of the consideration  received or the fair
value  of  the  equity   instruments   issued,  or  whichever  is  more  readily
determinable.

On May 20, 2005 the Company issued  1,000,000 shares of common stock for cash at
$0.01 per share.

On June 14, 2005 the Company  issued  420,000 shares of common stock for cash at
$0.01 per share

On June 30, 2005 the Company  issued  200,000 shares of common stock for cash at
$0.10 per share.

On May 22, 2006 the Company  issued  100,000 shares of common stock for services
at $0.10 per share.

As of December 31, 2007 the Company had 1,720,000  shares of common stock issued
and outstanding.

NOTE 11. STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of December 31, 2007:

     *    Common  stock,  $  0.001  par  value:  50,000,000  shares  authorized;
          1,720,000 shares issued and outstanding.

                                       11
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

FORWARD-LOOKING STATEMENTS

THIS QUARTERLY REPORT ON FORM 10-Q CONTAINS FORWARD-LOOKING STATEMENTS. ANY
STATEMENTS CONTAINED HEREIN THAT ARE NOT STATEMENTS OF HISTORICAL FACT MAY BE
DEEMED TO BE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 21E OF THE
SECURITIES EXCHANGE ACT. THE WORDS "BELIEVES," "ANTICIPATES," "PLANS," "SEEKS,"
"EXPECTS," "INTENDS" AND SIMILAR EXPRESSIONS IDENTIFY SOME OF THE
FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF
PERFORMANCE OR FUTURE RESULTS AND INVOLVE RISKS, UNCERTAINTIES AND ASSUMPTIONS.
THE FACTORS DISCUSSED ELSEWHERE IN THIS FORM 10-Q COULD ALSO CAUSE ACTUAL
RESULTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY THE COMPANY'S
FORWARD-LOOKING STATEMENTS. PLACER DEL MAR, LTD. UNDERTAKES NO OBLIGATION TO
PUBLICLY UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS.

OVERVIEW OF OUR BUSINESS

Placer Del Mar, Ltd. was incorporated in Nevada on May 13, 2005 for the purpose
of mining and mineral exploration. Placer Del Mar, Ltd. has a mineral rights
revenue sharing agreement with Jorge Alberto Almarez of 157 Calle Federico,
Rosarito B.C. Mexico. Our revenue sharing agreement grants us the right to free
access and exploration of the property together with the right to file a mining
claim on the property located 15 miles southeast of Playas del Rosarito, Baja
California, Mexico. We currently are in the first phase of our plan of
operation.

On September 27, 2006 we began Phase One of our exploration program of the
Placer Del Mar claim. Prior to beginning Phase One of our exploration program,
we retained 3 GEO Geological Services, a professional geological firm, to
complete an initial review of the claim and to provide us with a geological
report respecting the claim that included exploration recommendations. Our
president filed a mineral claim with the Mexican government on April 24, 2006 on
behalf of the company.

We are continuing Phase One of our exploration program we began on September 27,
2006 on the Placer Del Mar mineral claim. Phase One will require approximately
twelve to twenty four months to complete. Once Phase One is completed, the
company's geologist has verbally assured us his firm will be ready to conduct
geological and geophysical studies will be conducted on the claim at an
estimated cost of $1,890 per month for a total cost of $17,000. A senior
geologist will conduct the studies at a cost of $450 per month for a total cost
of $4,000. The cost for assays is $450 per month for a total cost of $4,000.
Total cost for Phase One including the $2,000 spent for our current geological
study is $27,000. We believe our current cash balance of $5,897, plus loans from
our director, will be sufficient to fund completion of Phase One. Our director
has provided us with a written agreement to loan the company sufficient funds to
continue the company's business plan Phase One exploration costs, offering
costs, filing fees, and correspondence with our shareholders in an amount of up
to $6,000 per month for the next twelve months.

If economically viable minerals are discovered in Phase One, we intend to
initiate Phase Two of our plan during the second quarter of 2008. Initial costs
for our Phase Two plan are as follows; mechanical trenching $12,500 per month

                                       12
<PAGE>
for four months for a total cost of $50,000, drilling costs of $12,500 per month
for a total cost of $50,000, fuel costs of $2,500 totaling $10,000, waste
removal costs of $1,000 per month totaling $4,000, labor costs of $5,000 per
month for four months totaling $20,000, and a onetime cost of $25,000 for mining
permits. We have not yet applied for mining permits. We intend to apply for
mining permits upon discovery of economically viable minerals. The estimated
time to complete the application process and obtain permits for mining is thirty
days. Total cost for Phase Two of our program is $159,000. We will require
additional funding in order to proceed with the excavation of any minerals and
any subsequent recommended work on the claim. As of this date we have not
identified a source for this additional funding. If we are not successful in the
discovery of minerals our operations will cease and investors will likely lose
their money.

LIQUIDITY AND CAPITAL RESOURCES

Our cash in the bank at December 31, 2007 was $5,897. There was no cash provided
by financing activities for the period ended December 31, 2007. Cash provided by
financing since inception was $10,000 from the sale of shares to our officer and
director and $24,200 resulting from the sale of our common stock to 46
independent investors.

We believe our existing cash balance plus loans from our director will be
sufficient to fund our operations for the next twelve months during our
exploration stage. In addition to our existing cash, our director has provided
us with a written agreement to loan the company sufficient funds to continue the
company's business plan Phase One exploration costs, offering costs, filing
fees, and correspondence with our shareholders in an amount of up to $6,000 per
month for the next twelve months. Our director loaned the company a total of
$9,000 for the three months ended December 31, 2007 and will continue to loan
the company funds on a month by month basis as needed. In the event our director
does not provide such funding business will likely fail, cease operations, and
investors will likely lose their money.

RESULTS OF OPERATIONS

We have generated no revenues since inception and have incurred $71,303 in
expenses through December 31, 2007.

The following table provides selected financial data about our company for the
three month period ended December 31, 2007.

                      Balance Sheet Data:      12/31/2007
                      -------------------      ----------

                      Cash                      $  5,897
                      Total assets              $  5,897
                      Total liabilities         $ 33,000
                      Shareholders' equity      $(27,103)

Our auditors have expressed the opinion that in our current state, there is
substantial doubt about our ability to continue as a going concern.

                                       13
<PAGE>
OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on our financial condition, changes in
financial condition, revenues or expenses, results of operations, liquidity,
capital expenditures or capital resources that is material to investors.

ITEM 4. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, particularly during
the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have not identified any significant deficiencies or material
weaknesses in our internal controls, and therefore there were no corrective
actions taken.

                           PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We are not currently involved in any legal proceedings and we are not aware of
any pending or potential legal actions.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There were no sales of unregistered securities during the period covered by this
report.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

There were no defaults upon senior securities during the period covered by this
report.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

There were no matters submitted to a vote of security holders during the period
covered by this report.

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<PAGE>
ITEM 5. OTHER INFORMATION

There was no information required to be disclosed on Form 8-K during the period
covered by this report.

ITEM 6. EXHIBITS

The following exhibits are included with this quarterly filing. Those marked
with an asterisk and required to be filed hereunder, are incorporated by
reference and can be found in their entirety in our original Form SB-2
Registration Statement, filed under SEC File Number 333-127736, at the SEC
website at www.sec.gov:

     Exhibit No.                   Description
     -----------                   -----------

         3.1           Articles of Incorporation*
         3.2           Bylaws*
        31.1           Rule 13a-14(a)/15d-14(a) Certification
        31.2           Rule 13a-14(a)/15d-14(a) Certification
        32.1           Certification Pursuant to 18 U.S.C. 1350

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

February 14, 2008           Placer Del Mar, Ltd.


                                /s/ Humberto Bravo
                                ------------------------------------------------
                            By: Humberto Bravo
                                (Chief Executive Officer, Chief Financial
                                Officer, Principal Accounting Officer,
                                President, Secretary, Treasurer & Sole Director)

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