From BGF report "Whilst we have been aware of Metminco for a...

From BGF report

"Whilst we have been aware of Metminco for a couple
years, with its portfolio of promising copper/moly projects in
Peru and Chile, it was previously a minority shareholder in
the operating company. A critical inflection event was the
recent move to a 72% controlling position of Hampton
Mining Ltd, which has strengthened its appeal so that the
Company can now be seen to be in control of its destiny.
Our comparative analysis suggests that at a market
capitalisation of less than $130m, there is room for
substantial share price appreciation. Consider the sizes of
Equinox and PanAust which the market prices at $1.5bn
and $3bn respectively. MNC has the potential to match
their copper production, implying an increase in the market
capitalisation of 10-20x over the next few years. MNC is on
the cusp of an extended growth curve.
Australian investors are not as familiar as North Americans
when it comes to the huge low grade copper deposits in
South America, so there will be some education required. It
is time to buy now, ahead of the opportunistic Canadians."