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let me guess:the mine in south america is FULL OF LITHIUM ? (long shot there)... maybe PLATINUM? Silver? on top of the gold and copper ??
There is loads of molybdenum there. It is a copper-gold-molybdenum site.http://www.peregrinemetals.com/s/Argentina.asp
Maybe so. 3 for 1 is ok.However, if you want Moly at $400M then why not take over GMO in the USA at $400M and get the bigger, better Moly upside. May have to be hostile though and price could be triple there also.None if this chit is cheap anymore. And if you're gonna be a player you gotta take a roll on the big wheel.Heck, I look at it contra-banker style, they traded depreciating toilet paper for appreciating higher demanded metals and will again as they flesh out the production.