Toachi Mining (TIM-V) James Kwantes, in the July 10, 2016, edition of Resource Opportunities, refreshes his buy of Toachi Mining Inc.,
Toachi recently raised $3.9-million to explore the high-grade La Plata project, in which it is earning a 60- to 75-per-cent interest. The project is in Ecuador and is prospective for gold, copper and zinc. Mr. Kwantes is confident that Toachi will find them.
Its founder is Laurence Curtis, a geologist who has made several discoveries in various countries. Jonathan Goodman, who brings financial and technical experience, is chairman of Toachi's board.
The stock offers "attractive speculative upside," concludes Mr. Kwantes. He cautions that the shares are relatively illiquid, so investors may need to exercise patience while building a position. |
