Libero Copper & Gold Corp V.LBC

10 billion lbs at mocoa BUY

[RocketRed24]

 Goldfinger:

 

That’s an interesting one and I’ll need to take a look at that more closely. But there’s a lot of projects like that. I mean, a lot might be an exaggeration, but there are a number of projects around the world that maybe have resources of four billion pounds of copper, five billion pounds of copper, maybe even more than that. And they’re just sitting there because there is some perception that they can’t get permission. I think of Libero Copper (TSX-V:LBC, OTC:LBCMF) in Columbia, the Mocoa project, that’s an example. I mean, the existing resource is something like five or six billion pounds of copper. They’ve got a lot of Molybdenum too. But in reality, this deposit is probably well north of 10 billion pounds. However, there’s a perception that Colombia or this region will not allow it to be permitted. So it’s sitting here at whatever, $17 million, $18 million market cap. And so for us to supply this energy transition with copper, some of these possible copper projects are going to need to go forward. So the money will be made by investors who are able to figure out which one of these deposits, or which ones plural, will actually get the seal of approval and get the proper government and local support. And I think there’s a lot of value to be had there. Of course, a number of these projects are probably going nowhere for any number of reasons.

 

 

   https://energyandgold.com/2023/02/21/bob-moriarty-we-need-a-new-financial-system-based-upon-natural-resources/