The next sentence of that reads 'Sometimes those adventures don't always have fairy tale endings.', and i think maybe that's a good part of the picture with epm.to, it's in a Chaostan with mad mullahs all around, and will always be perceived as such, rightly or wrongly ... and rightly imho for the most part, the country is run by a dictator, you're only one bullet away from a new regime that could wipe out the investment ... similar situations in other places as well, nature of the game in mining where you're geographically fixed and have to deal with local populations lamentably composed of human beings, but there's risk and then there's risk and i think that of the Stans will always be considered high ... i let my epm common go recently, took a little profit in warrants but not much, still holding quite a few and am surprisingly hopeful, all things considered, but understand why Ms Market wants a discount on the project, it's permanent imho, for sure it'll trade up into a producer's premium as they get rolling, which means a many-bagger for us, but they'll never get the multiple they would if Varvar were in Nevada or Coahuila
Makes a lot of sense for canadians to look over the border, but it should mostly be over the forty-ninth parallel imho, the whole rest of the Americas is right there, from Idaho to the Horn ... the US sure, as long as this new legislation doesn't make punitive royalties [see, there is risk everywhere], but there is a lot more to the south as well, where the loonie can buy even more
cuu.v - was that a NLW reco on wednesday?
mts.v - very nice intersection, made for a sell-the-news event but adds value long run |
