SILJ - Dundee Precious Metals: A Long-Term Look
- Over the next three years, Dundee's gold production will go down.
- However, the long-term picture is impressive - in 2025, the company plans to put online the Loma Larga mine.
- Loma Larga is a large gold / copper deposit located in Ecuador. Contrary to common perception, Ecuador is a safe jurisdiction now.
- In my opinion, one share of Dundee is worth $7.80. However, this is an ultra-conservative estimate (for details, read the article).
- I think that Dundee shares should continue outperforming their peers in the long term (as they did between 2016 and 2022).
For further details see:
Dundee Precious Metals: A Long-Term Look