RE:RE:We are finally movingBeluga2020, thanks for the kind words. I tried to summarize shortly what I see going forward. This stock is one of the most undervalued that I have seen in years. The thing is, it is all there and the company is working step by step to realize this in a methodical way. There are only a few things that need to be passed to get to the full potential so my take is that it is fully realistic to actually reach ATH again in a not too distant future and not just based on some wishful thinking of POG in the 3000+ area.
- Based on the drill results already achieved at Orovalle we have now confirmed a mine life that supports at least 0.8 CAD/share valuation based on the current POG/POC. Of course, with great upside on strengthened metal prices.
- EMIPA, all we need is good final results in the ongoing production testing that will give a go ahead and this will add tremendous value. I actually like that they are not rushing this decision. Figuring out an optimal way to extract the metal from the stockpile and have full confidence is key to success and more important for long term investors than just rushing things based on a sloppy analysis. I would not like to end up with another Americas gold and silver bleeding huge amounts of cash from full scale operations but almost no production due to a flawed mine/extraction plan. Very difficult situation to turn around.
- Taguas, huge potential already, finalizing the drilling and updating the resource could give us that next level on the valuation and it is happening right now. Then the company could decide if to develop on their own or with a partner.
And the thing is, we have additional triggers, green field exploration in Spain and further out, green field exploration in Bolivia which adds further potential. But this is almost not needed as just success on the above would be sufficient to support multiples on the current share price.
Nice thing is also the exposure to copper, which is suddenly a huge strength, total opposite to just a year ago! Now investors are actively seeking gold/copper cases and they follow trends. It would only take a few stronger hands to get us rolling and then ORV will start flashing on many screens.