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Adventus Mining Corp. V.ADZN

Alternate Symbol(s):  ADVZF

Adventus Mining Corporation is a copper-gold exploration and development company. Its Curipamba project comprises seven concessions representing over 21,500 hectares (ha) and includes the advanced high-grade copper-gold El Domo deposit. Its Pijili project is located in an established mining area in southwestern Ecuador in the province of Azuay, over 150 kilometers (km) from the major port city of Guayaquil. Pijili consists of three concessions, which total 3,246 ha. Its Santiago project is located in south-central Ecuador in the province of Loja, over 37 km north of the city of Loja. Its Irish projects hold about 40 exploration prospecting licenses in the Republic of Ireland, comprising three separate blocks across the principal prospective areas of the North Midlands and Southwest Ireland. Its Irish projects include Rathkeale project, Kingscourt project and Fermoy project. It also owns the Condor gold project and a large exploration project portfolio that spans over 135,000 hectares.


TSXV:ADZN - Post by User

Post by aussyspitzon Aug 24, 2022 10:29pm
508 Views
Post# 34918787

Excellent Commodity/Inflation Long Term Investment

Excellent Commodity/Inflation Long Term InvestmentNo matter what source powers the future it will take copper to transmit it to the end user. This is deeply discounted from the raise offering and even from levels insiders recently purchased at less than 3mo ago. Risks are primarily two fold the political risk of doing business in Ecuador which has been somewhat mitigated by excellent groundwork by management in getting approvals and probably no worse risk than anuwhere else in the world at this point. The second risk is a slowdown in the Global economies combined with inflation resulting in reduced demand.  Imo this is the more immediate threat to the share price however as Dr Hook once famously sang "Storm's Never Last" and my bet is that three to five years from now the economic skies will clear and this will be a gem in everyone's portfolio particularly for those who scooped it up at these current prices.
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