Yale Resources Ltd., at its current price, is a “no brainer” for speculative investors who can afford to tie up at least
a small amount of capital for an undefined time into the future. The company is selling at “shell price.” Yet it has a
number of assets that not only have the chance of becoming viable mining prospects, in which event these shares
could be expected to soar in percentage terms, but the company’s prospects, like the La Verde and Urique, also
appear to hold the potential to host major world-class deposits. So the bottom line as far as I can see is this. Yale
Resources has the chance to become a 10-bagger with even a modest amount of success on at least one of its
properties. It could multiply the number of “bags” this company touches by a factor of 5 or 10 with something
large, like a major copper-silver-zinc porphyry at the La Verde.
What is the downside risk? It would seem to be very limited. Of course, prospector generators by definition do not
spend a huge amount of their own money to move prospects forward. Therefore, they are dependent on other
companies stepping up to the plate to sink high-risk capital into the ground. That means that while investors might
like to see favorite projects moved along more rapidly to realize value, delays can and often are a downside for
investors in prospect generator models. So the big risk is a time value of money risk, as is indeed the case with all
mine exploration companies.
I would also hasten to add that the company reportedly has only about $500,000 in cash in the bank, and with a 5-
cent share price, prospects for raising more capital without huge dilution are limited. But dilution is what prospect