Feb. 4 at 1:56 PM
$VZLA they are not in Venezuela, they are a Canadian company with their primary mine located in Panuca, Sinaloa, Mexico. Initial tests are very positive at the site, the company has low production costs (AISC) at around
$11 an ounce and the mine should be fully producing in 2027. There is geo risk but more from cartel operations in the area as evidenced by recent kidnapping of 10 miners. Get your facts straight. Great value here under
$6 but this is a better buy and hold with expectations of exponential returns later down the road.