The fact of the matter is that 70% of the pre-production junior hopefuls won't make it to production, and the hard rock hopefuls the number is even less. If you can identify a junior that will make it into production within 24 - 36 months you will be sitting on a 10x bagger.
Companies like GXY with high-cost hard rock assets will be the next Atlas Iron.
Ann: Maricunga Project Engineering Video, page-26
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