Mining in the phillipinesFirstly there is still alot of risk here mainly political and environmental threats. With that out of the way I would like to share what might be one of the best risk to reward plays out there right now. Current market cap just under 50 mil cad and sau owns what could potentially be the biggest mines in the world with current npv over 3bil. Phillipines is broke and numerous government officials have come out and said mining is the only way for ph to get full recovery. Government has announced the intend to sell mining assets for private development most of which are open pit. A task force has been created to make recommendations for mining industry. PH just signed massive trade partnership which will open the doors for foreign investment from China etc. Especially in mining sector. And now the best news. Ph has announced they are going to fast track fiscal mining regime through the house which is required to further permits and will lay ground work the governments piece of the pie. This has been a sleeper ever since the big pop in the spring. Someone just bought under 10% interest in the company and I think we will find out who later on. Duterte is a wise man and he knows open pit mining could save his countries economy. If open pit gets approved you could wake up to this at north of 2$. Good luck