1. Limited portfolio: Gold79 Mines Ltd has a limited portfolio of mining projects compared to its peers, which may limit its growth potential.
2. Lack of diversification: The company's focus on gold mining may make it vulnerable to fluctuations in the gold market, as it lacks diversification in other commodities.
3. Small market capitalization: Gold79 Mines Ltd has a relatively small market capitalization compared to its peers, which may limit its ability to attract investors and raise capital.
4. Limited financial resources: The company may face challenges in financing its mining projects due to its limited financial resources, which may impact its ability to compete with larger peers.
5. Limited operational experience: Gold79 Mines Ltd is a relatively new company with limited operational experience, which may impact its ability to efficiently and effectively manage its mining projects.
6. Dependence on exploration success: The company's success is heavily dependent on its ability to discover and develop new mining projects, which may be challenging and uncertain.
7. Regulatory risks: The mining industry is subject to various regulatory risks, including environmental regulations and permitting requirements, which may impact the company's operations and profitability.
