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Salazar Resources Ltd are a junior, project generator looking for gold with five exploration properties in Colombia and Ecuador. They have a market capitalisation of ~C$9.44M which is a fall of roughly 24% over the last two weeks. As of 08/11/2017 they have no debt and ~C$0.25M cash. They have 114M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.
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Profitability (by resource)
Future Valuation (Cash Flow & Totals)
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Ecuador political risk. High tax rate.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
1 Yr Stock Price High ($)
Stock Price Change From 1 Yr High (%)
Stock Price USA 5-Year High ($) (including date)
$1.53 - 9/17/2010
Stock Price USA 5-Year Low ($) (including date)
3 Cents - 8/8/2015
Appear to have good team. I'm not sure if they can develop and operate the mine on their own.
Local Issues (wag)
Political risk of nationalization.
Country of Incorporation
4 Properties in Ecuador and 2 Property in Colombia.
El Domo has 15 million oz of silver and 2.4% copper for significant offsets to lower the cash costs.
Shareholder Friendly (wag)
Likely to get diluted.
Curipampa is a potential flagship
Ore Grade (wag)
El Domo is averaging around 2.8 gpt
12.5 meters @ 4 gpt AU and 137 gpt AG.
10/3/2016: Decreased rating from 3 to 2 because they appear to be an exploration company.
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