TSXV:FCO.H - Post by User
Post by
EastCoast575757on Mar 17, 2021 10:42pm
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Post# 32823393
Research for Rockit
Research for RockitI had a quick look at ABRA and they seem to be a very good silver-gold company. Some big names involved in the company like Sprott and Altius minerals. These guys only invest in the top exploration companies so that in itself is pretty good. The drilling numbers and results are excellent.
The only couple of faults that I can see that would give me some concern is where they are located, because Argentina as defaulted several times now over the last few years. When a country is broke pressure is somtimes added to companies to cough up more money. This is not always the case but don't ever rule it out. Another concern is the amount of shares issued, that comes in well over 400 million. I try to stay away from exploration companies that have over 200 million. Keep in mind that grade is always king and they do have excellent grades.
I hope I have helped you. For now, i will stick with FCO because I think that it will be the next big discouvery.
All the best
Nick