1. Limited Resources - Montego Resources Inc has limited financial resources compared to its peers, which may limit its ability to invest in new projects or expand its operations.
2. Small Market Capitalization - The company has a small market capitalization compared to its peers, which may make it less attractive to investors and limit its ability to raise capital.
3. Lack of Diversification - Montego Resources Inc is primarily focused on the exploration and development of gold and silver properties, which may limit its ability to diversify its revenue streams and mitigate risk.
4. Limited Production - The company has limited production compared to its peers, which may limit its ability to generate revenue and compete in the market.
5. Dependence on Exploration - Montego Resources Inc is heavily dependent on exploration activities to identify new mineral deposits, which can be a risky and uncertain process.
6. Geographic Concentration - The company's operations are primarily focused in British Columbia, Canada, which may limit its ability to expand into other regions and diversify its operations.
7. Regulatory Risks - The mining industry is subject to a range of regulatory risks, including environmental regulations, permitting requirements, and government policies, which may impact the company's operations and profitability.
