NGEX
📍 NGEx Minerals is strategically located in the same area as Filo del Sol, suggesting potential for significant discoveries and future acquisitions by major players.
🚀 The company experienced an explosion in 2023 when the market recognized Lunahuasi as a world-class deposit, with drill results showing over 700m at 1.66% copper.
🏆 The management has been recognized with awards for their discoveries, including Filo del Sol and Josemaría, indicating a strong track record.
@Academiadeinversion:
“NGEx Minerals is also in San Juan. I positioned myself strongly in everything around Filo del Sol, the entire Lundin group. NGEx Minerals is almost like the mother, the explorer that makes the discoveries and then spins them off. Filo del Sol came from there, and Filo del Sol has been sold to BHP, if I’m not mistaken. NGEx Minerals is in the same area, on the same mountain. The logical thing would be for a big player, or several big players, to control all three because it makes sense for everything to be unified at some point. The story had an explosion in 2023 when the market recognized Lunahuasi as a world-class deposit, confirming that Filo del Sol was not the last exploration story that could remain in that area. At that time, they released things like more than 700m at 1.66% copper, or drillings that were 50m of 7.8% copper equivalent. Therefore, they were very good drillings that, every time they were published in the market, the stock made a jump. Besides, the fact that BHP bought Filo del Sol is a sign that BHP is also behind this story. Their management has been recognized; they have won several awards for discoveries. They have been responsible for Filo del Sol and Josemaría, so one more discovery in their portfolio.”
The @Academiadeinversion channel shows viewers the exact part of the YouTube video where this stock is discussed:
View the video on YouTube.
Read more articles analyzing NGEx Minerals (NGEX) at the following link. NGEX stock.
