HCH 11.4% 78.0¢ hot chili limited

Ann: Higher Grade Core Confirmed at Cortadera, page-50

  1. 279 Posts.
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    A couple reasons it hasnt taken off yet:

    - CR for TSXV was discounted more than it should have (small impact on current SP imo)

    - Communication/newsflow/missed timelines/incompetent management has been terrible since I've been a holder (would be easily over $2-2.50 with better comms imo)

    - Politics in Chile at the moment pose extreme uncertainty (perhaps the biggest cap atm?, links below)


    Hopefully in the next few months or so we get tier 1 status and a heap of media coverage and interviews followed by a takeover for 2bn+ (A final CE discount... doubt he would get half of what its worth)

    Theres no way in my mind that this management would be capable of developing this mine, unless they aquire some serious talent on their board.

    https://www.bloomberg.com/news/articles/2022-02-01/chile-vote-marks-first-step-in-long-path-to-nationalizing-mines

    https://www.reuters.com/article/chile-mining-constitution-idCNL6N2UC05P
 
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