Stock price when the opinion was issued
(A Top Pick March 6/17. Down 13%.) This is a company with a management team that actually is finding these kinds of projects and filling peoples pipelines. They have a number of joint ventures, and some of these projects are very similar to those being found in the core area of Chile. They are well funded.
A premier prospect generator. Relevant experience, not only in the deposit types they are looking for, but jurisdictionally. They’ve spent a lot of years in the down times basically putting their portfolio grassroot projects together. Right now, they are trying to harvest them, and the environment is great for harvesting them.
He's owned this forever. They're a prospect generator model.They now have a project to explore but it's in Argentina which attracts negative sentiment. He himself is positive Argentina. He sees little financing risk and should deliver. To lessen negative sentiment, MRZ has diversified into Chile where he expects good results.