Joe Mazumdar
Regulus Resources Inc.
REG-X
TOP PICK
Mar 05, 2019
Brent Cook: Knows management with a good track record. They have a gold-copper project in Peru. Hasn't bought it till now, because of metallurgical issues. They're getting to one of their targets, which looks promising. It depends what those holds deliver; he'll sell or buy more.
Very small company and very illiquid. Increased their asset base in the last year and are increasing their production. Doesn't think they will have any trouble with debt.
Have a porphyry copper system in Argentina. Good guys running it. One side of it has pretty good mineralization but we haven’t seen this thing actually expand large enough that it is going to make large enough tons and grade to make an economic deposit.
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