Unexpectedly often comes! - But now right: starting signal for "full scale" dismantling. This Explorer is now a producer.Extreme leverage for investors: Next Monday, we expect a price increase of at least 50%, if not a price doubling and, subsequently, a complete revaluation of the share. Finished deal with state-owned processing plant in Chile - says the company on Friday evening at 22:05 clock announced.
Strong Buy: ALTIPLANO MINERALS
Stock exchanges: Toronto (Canada, Home Market)Frankfurt (Germany);
BREAKING NEWS: Altiplano Re-Commences Shipment under a Revised Processing Agreement, Updates Exploration Programs at Historical Farellon and Maria Luisa Mines
Huge successes were already celebrated at the beginning of the new year and from today there is a real reason to do so. So far there have been doubts among shareholders and investors about how to proceed with the Farellon project in Chile since the recently launched announcement:
Here we go! - With 5,000 tons per month
From now on, this company will process 5,000 tonnes of rock per month , but the capacity of all projects is far from exhausted. According to company spokesman Jeremy Yaseniuk, in case of success, an increase of 10-20,000 tons per month is considered. Canadian Altiplano Minerals, led by mining-minded manager and geologist John Williamson, who has already seen tremendous success with the founding of Kaminak Gold (acquisition by Goldcorp for over $ 500 million, CDN), ended last year another probably not very important for the market Explorer with projects in Chile. However, we already understood the business model behind Altiplano last summer and therefore presented this value to our readers.
Altiplano Minerals is one of the rarest companies in the TSX Venture Stock Exchange in Canada, where numerous exploration companies are listed that made a production decision after their first exploration successes - and with great success! As early as November 2017, a few small tests were used to start mining less bulk (bulk sampling). Already at that time it was announced that in this respect the test degradation proceeds positively and the mineralization is good, one will expand the dismantling subsequently to 5,000 tons per month.
First money recorded, but "Peanuts", to what awaits us now
The found mineralization was excellent and the next step was the mining of about 2,000 tons of rock, sold only in February, the first 946 tons to the Farellon project in Chile nearby processing plant and received for the contained raw materials over 93,000 dollars (CDN ) . The stock price exploded. But then there was a small delay (of only a few days), which then obviously triggered uncertainty among investors. The contract with the state-owned processing plant had to be renewed because Altiplano management wanted it that way. The reason: So far, the company has been receiving money from the state partner in Chile for all the raw materials it contains, but not for the gold mineralization it contains.
CEO and Altiplano founder John Williamson in front of the entrance to the Farellon Mine in Chile
So we can only say: John Williamson, you did everything right! Because the new contract has now been completed within a few days and now Altiplano can now fully start with the mining and also the previously mined material that has been due to the blank pass between old and new contract still "lie", directly to the processing plant transport.
The Farellon Mine in Chile
"Tadaaaa", there are no questions left. Point. In our opinion, the stock will definitively and very quickly compensate for what it lost in the last few days. Alone up to the high in January there are almost 100% performance in it and in our opinion very fast, especially since the price of the Altiplano share had eased only because of the recent uncertainties, which were now but in "air". So we really do not need a crystal ball to say that the Altiplano share will "go crazy" on Monday - in our eyes the biggest opportunity for the start of the week to achieve a sustainable significant return.
Our TIP is therefore clear:
Buy the shares of Altiplano Minerals on Monday morning as we believe the stock will trade at over $ 1 (CDN) at the end of March.
One thing you have to remember in addition: So far, only 946 tons of rock were sold by the Farellon project to the state-owned processing company. With the start of the reduction of now 5,000 tonnes per month, we speak with a consistent mineralization of more than 500,000 dollars (CDN) per month and thus at least 6 million dollars (CDN) per year. Mind you, this, insofar as it only stays with the monthly 5,000 tons. If we aim for the 10-20,000 tons announced by company spokesman Yaseniuk, we talk about a consistent mineralization of 12 to 24 million dollars (CDN) per year. The company Altiplano Minerals is currently rated at the Toronto Stock Exchange but not even worth $ 20 million.
Sorry, but we think that anyone who can add up 1 + 1 must come to the conclusion that now after today's release the stock should be rated "loose" with at least $ 50-100 million (CDN) and at further execution of the plans of the management a rating of 150-200 million dollars (CDN) does not seem at all outlandish.
The Farellon mine in Chile should throw off high profits for Altiplano shareholders in the future
Incidentally, Williamson's specialty has always been finding promising new projects, and he was one of the founders of Kaminak Gold with the so-called Coffee Project in Yukon, which did not start until the second half of 2016 from the goldcorp mining giant for around $ 520 million (CDN) was taken over. This weekend, the annual largest raw materials conference, the PDAC in Toronto, takes place. We are sure that Altiplano, which also exhibits, will be a big topic there with their message.
Visit the Altiplano Minerals website for more information, extensive images and an overview of recent news:www.altiplanominerals.com
HERE is the current ad hoc release from Altiplano Minerals.
Here's the share price of Altiplano Minerals.
We wish you every success as always!
With best recommendations
Your Inult team
www.inult.com
Please note the following notes regarding the conflicts of interest that definitely exist with inult with regard to this publication as well as our risk warnings and our disclaimer