1. Limited operational history - Xtierra Inc is a relatively new company and has limited operational history compared to its peers. This lack of experience may make it difficult for the company to compete with more established players in the industry.
2. Small market capitalization - Xtierra Inc has a small market capitalization compared to its peers, which may limit its ability to raise capital and invest in growth opportunities.
3. Limited resource base - Xtierra Inc has a limited resource base compared to its peers, which may make it difficult for the company to explore and develop new mineral deposits.
4. Dependence on a single project - Xtierra Inc is heavily dependent on its Bilbao project in Mexico, which accounts for the majority of the company's revenue. This dependence on a single project may expose the company to significant risks if the project encounters any operational or financial difficulties.
5. Limited diversification - Xtierra Inc has limited diversification in terms of its mineral portfolio and geographic locations. This lack of diversification may make the company more vulnerable to market fluctuations and other external factors.
6. Regulatory risks - Xtierra Inc operates in a highly regulated industry, and any changes in regulations or policies may have a significant impact on the company's operations and financial performance.
7. Limited access to infrastructure - Xtierra Inc operates in remote areas with limited access to infrastructure, which may increase the company's operating costs and limit its ability to transport and sell its products.