1. Limited portfolio: Fidelity Minerals Corp has a limited portfolio of mining assets compared to its peers, which may limit its growth potential.

2. Lack of diversification: The company's focus on gold and copper mining may leave it vulnerable to fluctuations in commodity prices and market conditions.

3. Small market capitalization: Fidelity Minerals Corp has a relatively small market capitalization compared to its peers, which may limit its ability to attract investment and finance new projects.

4. Limited financial resources: The company's financial resources may be limited compared to its peers, which may restrict its ability to invest in exploration and development activities.

5. Geographic concentration: Fidelity Minerals Corp's mining assets are concentrated in Peru, which may expose the company to political and regulatory risks in that country.

6. Limited production capacity: The company's current production capacity is relatively small compared to its peers, which may limit its ability to generate revenue and profits.

7. Lack of established partnerships: Fidelity Minerals Corp may lack established partnerships with major mining companies or investors, which may limit its access to capital and expertise.