Coro Mining is in the process of re-rating as the market begins to recognize the resource growth potential on a low capital intensity copper heap leach project in Chile. We estimate the fair value of Coro’s shares to be C$0.21/sh, with further upside should regional exploration targets pan out. Coro is backed by an economic copper oxide heap leach project with excellent access to infrastructure in mining friendly Chile. The combination of i) our expected doubling of the resource in the near-term, ii) our heap leach valuation and iii) the regional exploration potential, should drive Coro’s share price higher over the near and medium-term.
Argentina Lithium & Energy Corp. (TSXV:LIT) – Argentina is LIT with Lithium
We are initiating coverage on Argentina Lithium & Energy Corp., with a BUY (S) rating and no target price. Argentina Lithium is...