Chile going Hard Left, Peru potentially SocialistPeru is a coin flip to go Hard Left to possible confiscation, Chile is a slam dunk to increase taxes on copper miners, up to 80% tax levels at current copper prices.
Communist party made big headway in their elections.
Yet Scotia hypes a Chile exploration project today, with Southern Peru Copper trades at 5 x the earnings valuation of Copper Mountain?
Owing 0.00001% of "the biggest mine in the world" doesn't make you anything special, but that's how some people invest.
How much copper production do you own per $ invested?
CMMC is very undervalued here.