Things still don’t fully add up for me. So now we have even more prospective tenements with potential copper resources. And yes, if we do get an amazing copper bull with prices way above $6 someone may take the bet that these unproven grounds are worth a lot more.
However the reason why I’m invested is to have an operating copper mine by 2030 based on proven and indicated resource at Costa Fuego. The rest, if it materializes, is just icing on the cake. Copper is now nearly $4.70 and if the NAV projections are worth anything we should have a very valuable project on our hands as-is. Yet we’re barely US$100mn market cap.
As I said, things don’t really add up.
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