This is exactly why experts say it’s worth investing in mining stocks this year
Controversial, Cotabato, Mindanaoan Update, News, Opinion, Sarangani, South Cotabato, Sultan Kudarat
No need to look far, really. Central Mindanao is fast becoming the major hub of mining operations in the country. Just recently, a Filipino-owned company has sought from the regional Mines and Geosciences Bureau an exploration permit for copper, gold, and silver deposits in three provinces here in Mindanao. Tao Mohin Resources Corporation is the very first company to formally file an application for exploration permit this year.
And get this - Tao Mohin Resources Corporation shelled out not less than P800,000 just so they can be granted permit to explore 14,831.7 hectares. If the company is willing to pay that much just for "exploration," you can just imagine just how much it's willing to invest once it finds that pot of gold (and copper and silver!) The said company is reportedly keen ...