Peak Asset Management & his clients made some money on the mini...

Peak Asset Management & his clients made some money on the mini pump n dump. but that is about it. he boasted about his gains for this clients. he unloaded into the pump & destroyed all momentum and is now probably laughing at all the bagholders.

it's not entirely their fault. the sentiment for copper explorers is as bearish as it has even been. they are to blame for the dilution at all cost mentality. they really have 2 options. cease all cash burn and conserve cash hoping for sentiment to improve or recap the company. make sure there is a healthy 2 years cash burn run way and that they are funded to do proper exploration works.

again, no one is going to take them seriously if with each round of cap raises they sink holes that return average results that don't excite the market... they need to generate a hit like 100m @ 2%cu.

it's like with each raise they deliver 3 sub par holes then try a lana corina special hole for a pump to do a cap raise but each time they do this the pumps are getting weaker. there is just simply no more juice left to squeeze from the orange.

Example

1. 1/09/23 - Raise $1.2mil 2 tranche placement
2. 19/12/23 - Visible Cu pump ann
3. 16/1/24 - Average hit from El Quillay Hole
***since the sept 2023 raise** delivers only 1 hole assay
4. 08/02/24 - Raise $1.7 into a mini pump

5. 14/05/24 - Dud results from El Quillay & Vaca Muerta
6. 12/06/24 - Lana Corina Special Pump Attempt Hole # 1
7. 10/07/24 - Lana Corina Special Pump Attempt Hole # 2
***Another Cap Raise****

The Lana Corina Pumps are now weak as and only serve to provide exit liquidity.

The same playbook is just going to get unleashed again this time.

Drill 2 holes hoping to get lucky at Vista Montana or another target. if the results are duds. Drill 2 holes at Lana Corina to generate a pump and do another cap raise in 6 months.

going by the timeline about and cashburn rate. next cap raise in circa 6 months.

how can anyone take them seriously.