strider27 Dec 2018 13:43
Subjective (not fact):
2) Exploration upside - 11 other primary targets with 5 priority. All show surface potential to be significant resources.
Do they all show SIGNIFICANT resources?
6) Strong upcoming newsflow (PEA, drill permits, assays for Alpala, regional news (due pre-YE), resource updates, potential conditional funding packages, PFS at end 2019).
We don't yet know what is upcoming, do we. Therefore it may not be STRONG?
And the biggie - Takeover Offer (this is a very real possibility given the tier 1 Cu resource and two Majors on board).
Again - this is supposition?
7) Ecuador making the right moves to become a mining friendly jurisdiction. It needs revenue to replace depleting oil supplies and it doesn't have to look far to see how rewarding good mining policies can be (Chile), if you've got the natural resources.
That's you're personal view (it may be right). But it isn't something the Ecuadorian government have advertised?