Peru the 2nd world country and 3rd Management Peru is the 2nd largest copper producer in the world; Canada among top ten worldwide producers of several metals
PROJECTS
Caariaco Norte
- Large Copper Gold Silver Resource defined in 2010 and updated in Q1 2022
- Updated ESG Project Concept Desk Top Study completed Q2 2021
- New PEA completed in Q1 2022 = Improved ESGs with lower CapEx (see highlights below)
Caariaco Sur
- Initial Copper Gold Silver Molybdenum Resource defined in 2022
- Located just 2km southwest of Caariaco Norte
3RD PARTY VALIDATION
Major Investor: Fortescue Metals Group holds 19.9% of Candente
RFC Ambrian: Caariaco Norte in top 10 of 23 Projects with potential to involve third party M&A (December 2021)
Haywood: Caariaco Norte one of 18 assets selected as likely to be considered by Majors looking to Acquire (December 2021)
Deutsche Bank: Caariaco Norte identified as one of 3 projects required to meet the upcoming copper supply-demand gap (February 2021)
Goldman Sachs: Caariaco Norte identified as one of the top 84 copper projects worldwide (October 2018)
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I have a feeling Fortesque will figure this out sooner or later. There is a big problem in Peru and Candente and the government and the locals. None of these groups are in line, on course, no ducks lined up, no plans that have reached fruition, nothing, nada.
Candente has stats from 2018 Goldman on their website..haha. I leave my half million shares in this pos because it has been diluted to almost worthless with same management running the s***show. My hope has dwindled to the lowest flame possible. Yet Freeze and the other clowns are still here talking the same story for 30 years.
Those here that are still optimistic are dreamers. The old managements only value to the shareholders is they may prevent a sellout at dirt cheap prices, because that's all they have is free stock.
On ther other handle, they are so lame that will never drvrop or sell the resource. It a catch 22 by definition.