One can argue that junior miners are holding the best value now in years … those of them which will not go bankrupt. Assets are there, safely in the ground, but valuations are gone with investors running to the hills. Let's find out Rick Rule views on the commodities cycles and why "Greece is Non event", while Ukraine could be the very serious one. Argentina could be the one country benefiting from all these trends. China's hunger for resources will drive this trend with announced 250 Billion investment in Latin America.
Los Azules Copper: "Argentina's Mining Landscape Improving, Cerro Morro A Go - Yamana CEO."
More and more good news are coming from Argentina these days. Country will face elections this year and smart money are already positioning themselves in the best undervalued projects. Nothing should be taken as an investment advise on this blog, please always do your own DD and read my full disclosure.
TNR Gold is very fortunate to have McEwen Mining as its partner at the world-class Los Azules Copper project. With lower copper prices and perception of the investment risk in Argentina all valuations were driven into the ground. The return to the mean could be potentially dramatic as well. Gold Corp will put its new mine into production in Argentina this month, Yamana is moving forward with Cerro Morro and China is solidly on the track to secure supply of commodities from Latin America. I do not know when, but Los Azules Copper will be back on the radar screens of the investors one day and its fundamentals will speak for themselves.
Now you can more appreciate the step by step approach in the development of Mariana Lihium by our J/V with top Lithium producer from China - Ganfeng Lithium. Please stay tuned for the update on our next phase development programmes. You can check more information on the links provided below and in our latest presentations on this blog. Please always consult you financial adviser before making any financial decisions, all latest financial information for TNR Gold and International Lithium can be found in the SEDAR filings and websites of the companies.
Commodities: China To Boost Investment In Latin America To $250 Billion Within Decade.
Los Azules Copper: Canada's Goldcorp To Inaugurate Argentine Gold, Silver Mine In February.
TNR Gold: Los Azules Copper And M&A in Argentina - First Quantum Minerals to Acquire Lumina Copper For $470 Million.
"My expectations have not let me down this time. Lumina Copper is gone for 470 million. Proud people of Argentina can be expecting now the re-rating of risk and increased valuations for other mining projects respectively. My Team at TNR Gold and I will continue to write our story about Los Azules Copper M&A and Mariana Lithium project for our International Lithium.
Los Azules Copper is the next prized asset to be talked about in the industry from today. Read more."
Please read our full legal disclaimer in our presentation and on our website: http://www.tnrgoldcorp.com/
Disclosure: The author is long TRRXF, ILHMF, MUX.