1. Limited exploration and production experience: Golden Spike Resources Corp is a relatively new company with limited experience in exploration and production compared to its peers. This lack of experience may limit the company's ability to identify and develop profitable mining projects.

2. Small market capitalization: Golden Spike Resources Corp has a small market capitalization compared to its peers, which may limit its ability to attract investment and finance its exploration and production activities.

3. Limited geographic diversification: The company's exploration and production activities are focused on a limited geographic area, which may limit its ability to diversify its portfolio and mitigate risks associated with a single region.

4. Dependence on commodity prices: Golden Spike Resources Corp's profitability is highly dependent on commodity prices, which are subject to volatility and fluctuations in global demand and supply.

5. Limited access to infrastructure: The company's exploration and production activities may be limited by its access to infrastructure, such as transportation and power, which may increase its operating costs and limit its ability to develop profitable mining projects.

6. Regulatory and environmental risks: The mining industry is subject to strict regulatory and environmental requirements, which may increase the company's operating costs and limit its ability to develop profitable mining projects. Golden Spike Resources Corp may also face reputational risks associated with environmental and social impacts of its activities.