Opinions Brent Cook
Almadex MineralsAMZ.VPAST TOP PICKMar 06, 2018
Brent CookStock price when the opinion was issued
As of Mar 17, 2026. Market Open.
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(Past top pick March 6, 2018, Down 57%) When he bought it, he was interested in their copper play in Mexico. Since then, they had a big investment from Newcrest Mining. AMX has split into two companies, including Azucar. AMX is now the prospect generator. He owns them both. That transaction took a long time to close. Drillings have finally resumed.
Joe MazumdarThe spin-out will be raising some money with two royalties. Successful team of good geologists and explorers. With AMZ you get the $19 million that Newcrest is investing. A great deal.
Brent CookHe wanted a little more copper exposure. Located in the state of Veracruz in south east Mexico. Management has been in Mexico for about 25-30 years. Thinks there is a lot of downside protection in their current working capital position. One thing you should watch is the permitting in Veracruz. It has to be done properly.
Joe Mazumdar
(A Top Pick March 6/17, Up 37%) They have a massive hydrothermal system, the right thing that a major should come into. Just recently, Newcrest are putting $19 million into a spin-out company to explore this while Almadex spins out mineral exploration and royalty assets. Looks good.