Right now, a mining project with decades of exploration behind it is being re-evaluated and the numbers are quite impressive.
This property was abandoned in 2022 due to an oversight, allowing this company to secure it for pennies on the dollar. With three companies previously pursuing this site, and millions invested in exploration, the data points to a vast amount of uncovered precious metals.
But why hasn’t it been mined yet? The simple answer: timing. When this project was first explored, metal prices were too low.
However, metal prices have more than doubled since 2000, with copper and gold climbing over 400% in price. With the demand for these precious metals skyrocketing, driven by technological advancements, you’ll need a telescope to see how far they go.
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