Mining Americas - Gold Producer With Promising Near-Term Development Projects

Dragon Rock Capital 327 Followers Follow Summary Mining Americas Inc. is rated BUY with a target price of US$6.40, offering 32%+ upside from current levels. MAI stands out among junior gold miners due to its strong development projects (Copperstone, Gold Rock, and Cerro Del Oro). All have strong project economics and clear development/funding pathways. Copperstone’s low CapEx ($58M), high IRR, and fully permitted status underpin the investment thesis, with Gold Rock and Cerro Del Oro offering further upside if executed. Key risks include gold price volatility, execution and permitting delays, and project cost overruns, making MAI suitable for high-risk-tolerant investors. Jaime Grajales Benjumea/iStock via Getty Images Investment Thesis Mining Americas Inc. ( MAI:CA , MAIFF ), formerly known as Minera Alamos, is a multi-asset junior gold miner with one producing gold mine (Pan) with a nearby extension (Gold Rock) in development in Nevada, a fully permitted This article was written by Dragon Rock Capital 327 Followers Follow Entrepreneur with businesses in retail, wholesale and real estate. In previous career, I was an equities trader at a bulge-bracket investment bank and risk consultant for commercial banks. I am a CFA Charterholder, MBA, B.S. Engineering and Mathematics, FRM. Based in Hong Kong and looking for job opportunities to in Hong Kong, Singapore or remotely anywhere. Not investment advice. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.