LB LBC Libero Copper & Gold Corp. Loading... : Investor Sentiment and Bull/Bear Views

Libero Copper is positioned to create value from the copper supply gap because it owns the wholly owned Mocoa project, a large near-surface copper asset with 600 million tonnes and potential to exceed 1 billion tonnes. Ongoing drilling, including a 14,000-meter program and a 1,100-meter hole mineralized from surface, should expand the resource and derisk the project. As it moves toward construction/production, valuation multiples on resource/NPV should expand and M&A value can be realized. He is also managing Colombian political risk by building local and national support and positioning Mocoa as a positive solution for the next administration.

Libero Copper's first hole from the 14,000m program returned over 1,100 metres mineralized from top to bottom at about 0.46% copper equivalent, with higher-grade intervals. This supports scale potential to expand the existing 600Mt resource past 1Bt, which major miners require. The project already has 4B lb copper; even valuing it at 1-2 cents per pound in the ground would be a large re-rating. Colombia's major non-NATO ally status helps, and Ian aims to advance the project for the next government.