Free Copper, Free Gold
Reservoir Minerals has reported a world-class hole showing 291.3 meters of 7.17% copper equivalent at their JV with Freeport-McMoRan in Eastern Serbia. Don’t buy it. It’s already had its run up.
Mundoro Capital on the other hand has $.38 in cash per share according to their latest financials and surrounds the Bor Mine where Freeport and Reservoir are drilling.
By buying shares for $.30, you are getting $.08 for being so smart and all the copper and gold they find for free. For those of my readers who are not colloquial in Spanish, that’s called, “El Goodo Dealo.”