Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Mirasol Resources Ltd V.MRZ

Alternate Symbol(s):  MRZLF

Mirasol Resources Ltd. is a Canada-based mineral exploration company focused on quality copper, gold and silver discoveries in the mining regions of Chile, and Argentina. The Company is focused on the Sobek project and Inca Gold project in Chile. In addition, it controls 100% of the high-grade Virginia Silver Deposit and has an option agreement in Argentina on the Claudia project. The Sobek project include Sobek Central, Sobek North and Rosita. The 16,300 hectares (ha) Inca Gold project is located in Region III of Chile approximately 100 km north of Copiapo. The Virginia Silver Deposit is 100% owned and operated by the Company and has approximately 74,429 ha. The Company has various pipeline projects, such as Altazor Gold (Copper) Project, Coronacion Copper-Gold Project, Gorbea Gold (Copper) Project, Nord Polymetallic Project, Rubi Project, Libanesa Gold and Base Metals Project, Tefnut Prospect - San Juan Porphyry Cu Projects and Homenaje Gold-Silver Project, among others.


TSXV:MRZ - Post by User

Post by tictactoe111on Dec 07, 2020 3:26pm
155 Views
Post# 32051277

Potential - Low risk / high reward if they do hit imho

Potential - Low risk / high reward if they do hit imhoCurrently C$23m Mkt cap and they have C$14m cash in bank.

Company share buyback underway and currently company actively
repurchasing its stock around 40c so nice support there for protection against any potential sector downdraft.

Insiders keep on buying

low float

Should be a steady stream of newsflow coming through over the next 6-12 months from their multitude of active projects.

So limited downside and a solid low risk with potential high reward, especially for this sector! No great urgency in taking a position but given market cap to cash position and no dilution risk ahead I am hoping this has a more than a reasonable chance of being significantly higher by the end of 2021, perhaps much sooner.

A while ago now but note the speed of the reaction when they hit before!

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Amrz&insttype=&freq=2&show=&time=20

I'm already in but increasing position size on any weakness.






<< Previous
Bullboard Posts
Next >>