Last Update17 Sep 25
Currently trading at 2$ , awaiting opening of existing mine in Peru, prep work to open has commenced. I am staying long. stock fluctuates with "tail wagging dog" scenario of Jr miner ETF'S of which there are hundreds , as do they all. Volume appears light but is actually quite substantial compared to a couple months ago when I entered this stock.
Peru mining co. permit processing and ops delayed for years. All permits , geo, enviro, regional, ops approved Jan 2025. All geo analysis complete, proven reserves, supporting community. Tailing facilities and storage see map provided on website. Company statement states they are Preparing to commence ops 2nd half of 2025. investment capital and financing in place. Considering a 10 to 1 stock reversal. awaiting shareholder vote. Expecting .06c by EOY. Old resistance future tops at .07c, .09c. ,11c and .18c respectfully. An important caveat is Peru's current political climate which is a wild card risk. However , mining exports are up strongly for 2024.
Not investment advise. See company website for info.
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