Solid Property Holdings / Highly Undervalued With junior mining companies near all-time low valuations due to the selloff, the recent US inflation results are beginning to show signs that there could be a revival in the industry as investors begin to gain confidence once again. Especially with battery metals leading the way, there’s a lot of upside in the battery mining industry as demand for EVs continues to skyrocket. For example, an EV needs about 50kg of copper, which is double that required by an ICE vehicle.
https://www.washingtonpost.com/business/energy/dr-copperis-high-and-may-yet-go-higher/2022/11/21/8da79f20-6962-11ed-8619-0b92f0565592_story.html
$CUCO.V is bringing Canadian standards to the DRC. And their properties look good. The King Luba concessions include:
- Six concessions in the southern DRC Copperbelt with the potential to yield high-grade cobalt and copper.
- 100% owned by the company and cover over 176 square sqkm with an additional 924 sqkm under option.
- Also under a JV for their Manono concessions which consists of 200 sqkm of lithium, tin, tantalum, and rare earth potential (located on the same trend as $AVZ and other high-valuation peers in the area).
Fundamentally, the company is in a strong position as well, with a valuation of only $3M. With insiders owning a considerable portion of the company alongside a strong management team and a focus on the rapidly growing energy metals industry, there’s a lot of upside to work with here. Definitely keep an eye out here as they explore and develop their properties in the DRC.