Its no where near $300m , maybe half that . The commodities cycle is to blame why things said dont get done. Hopefully this time around this commodities supercycle has several decades in it. Exploration in the past decade has been very subdued due to low commodity prices , the large greenfield deposits are just not being found. Chile and Peru wanting more of the pie will only refocus attention on tier 1 location deposits. Rex Hillside fits the bill. Recent buying suggests we have more than one institutional investor chasing stock. Buckle up for the ride.
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