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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (55732)3/5/2019 8:43:03 PM
From: Goose94Read Replies (1) of 202689
 
Mundoro Capital (MUN-V) top pick from Brent Cook and Joe Mazumdar on BNN.ca Market Call Tuesday Mar 5th @ 1200ET

Mundoro Capital is a copper and gold prospect generator exploring on the western part of the Tethyan Metallogenic Belt (in Serbia and Bulgaria).

It currently has a pair of drilling programs being funded by its joint-venture partners on claims proximal to the RTB Bor copper-gold mine and the Cukaru Peki copper-gold project in Serbia, both of which are now controlled by Zijin Mining , a global Chinese precious and base metals producer.

The Cukaru Peki copper-gold deposit hosts reserves of 27 million tonnes at 3.3 per cent copper with 2.1 grams per tonne (g/t) gold in an upper zone and close to 1 billion tonnes grading 1 per cent copper and 0.2 g/t gold in a porphyry copper within a lower zone.

The company has been in Serbia for a number of years, allowing it to stake prime real estate prior to any staking rushes.

It has a market capitalization of $13 to $14 million with $4 to $5 million in cash, so Mundoro has downside protection with respect to its valuation.

Over half of its 70 million or so outstanding shares are in the hands of institutional equity and high-net-worth investors.
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