Tinka Resources Ltd V.TK

Peru and Tinka

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From David Skarica's recent Tinka Report:

 

Closing Thoughts

After my visit to the Tinka Resources property, we took a six- hour drive back to Lima. It was one of the great jaunts of my life, with postcard views of beautiful valleys and winding rivers, ringed sea level, the highest point I’ve ever been to. Most of the trip, I had my head buried in the numbers, and making sure we answered every question we could about the viability of Tinka — and rightfully so — but it was a good reminder, Peru isn’t just a land of mining opportunity but of incredible natural beauty as well!

While there, Tinka wasn’t my only mining visit. In an upcoming issue, I plan to share more of what I learned, including another potential junior that could indeed be another under-the-radar opportunity ripe for the picking.

I do realize that, when compared to countries with more stable politics and predictable regulatory environments, Peru may seem like a big gamble to some investors. But the reality is, the mining industry as a whole has matured. The “easy” mines have been found — to discover new resources, you really need to make the accommodations as an exploratory firm to deal with the issues that come with a nation like Peru.

But with companies becoming more community friendly — building schools, water systems, and helping to develop poor towns in the rural countryside as they more carefully ramp up operations — I think it becomes a win-win. In an ideal situation, miners get access to exciting new finds, and local communities gain quality-of-life improvements.

In any case, based on what I saw firsthand, I feel positively regarding Peru’s prospects, and the future of mining there. I think we will be happy to have been an early mover there on the investment front.

ACTIONS TO TAKE NOW:  Buy Tinka.