Charles Darwin
Charles Darwin would like this deal - VGM
When money starts coming off the table for the big wonky high capex low grade projects, ... culling is taking place. Los Verdes is not such a thing. Here you have well higher than average grades for both molybdenum and copper / low strip ratio prospects / relatively smaller prospective capex requirements etc. ... this one stays ... gets permitted / funded .. becomes a mine .. woohoo .. shareholder recognition etc.
Also:
I like the fact that they are drilling deeper into Cuatro Hermanos now. The surface extensions of this mineralization are evident from recent drill results across different sections of the property .... But !! ... now the drills will go into the guts of it down around 800 meters ... let's see then .. if grades pick up over sizeable intervals .. there will be a Cuatro play in this stock too ... and that could manifest 'Robust' market characteristics etc.
Also:
What is happening in steel sector today with iron ore and coking coal prices will hit moly too .. soon
VGM stays in the pot if you are blowing out juniors ... if you have money, these valuations are very compelling.