GSPR.V - One of the best risk/reward in Copper

22 พ.ย. 2020At 4.9M mkt cap with 17M float, I believe GSPR offers one of the best risk/reward in the junior mining space:
- tight share structure with 25% held by insiders
- 28% discount to just closed .40 financing (500M)
- high grade past producing Copper mine
- adjacent to Teck Resources' Highland Valley Copper open pit operation
- Copper prices are surging to multi-year highs: mining.com/copper-price-surges-to-two-year-high-on-vaccine-hopes/
- Low volume drop was caused by IPO broker warrants that expire next week
- Bounced off current support line 3 times since July; two gaps above at .31 and .35
- Strong pickup in Accumulation on retrace
- Assays from high grade #Copper project in BC are pending.