CANDENTE COPPER - Read between the lines There where protests back in 2012/13, but these kind of things are common, research some of the biggest mines in the world most of the times in line with protests, because mines have always been controversial especially with surrounding communities. but often when you start a dialogue and educate people how modern mining works, alot of the things people worry about are unfounded.
Alot of progress has been made since then, when you research this issue, with alot of projects such as community initatives, community education, optimizing the surrounded area etc. With the latest news that dates back to 2018 when the Government of Peru invested more than $15,000,000 in the direct region of Canariaco.
Consisting of a irrigation project for the availability of fresh water to the community and a investment to optimize roads in the direct region.
The discount rate on this project is very high, look at Norte alone 10 billion pounds of copper. Sur and Verde could host the same amount, add the Don Gregorio property to it which was optioned that could host also some big amounts of copper, surface samples of above 1% copper, the company needs to drill 10000 meters in 5 years to earn in 60% of the property, if they fail, the property is still 100% owned by Candente, if the company succeeds Candente is still 40% owner of the property at no costs of drilling, totally risk free.
Also look to their other 100% owned property Arikepay which could host another multibillion pounds of copper deposit.
Read also the news back in 2018 when they mentioned there was a site visit the news stated:
The company has also recently started planning site visits with third parties interested in strategic investments or partnerships to advance the Caariaco project.
As we know this was probably Fortesque that visisted the Canariaco site at that time, and made a investment based upon the findings when visiting the property.
2018 was a very important year to look, A company bought also a royalty for $1,000,000 from another company that had a royalty on the Canariaco project, which is quite a price for a project that was trading at a marketcap of $15,000,000 at that time.
Also interesting to watch is the message board of Candente Copper on the website of Yahoo Finance, someone has calculated the amounts of copper you receive when you buy a share of Candente.
Something is in the cards here.