1. Limited portfolio - Pacific Bay Minerals Ltd has a limited portfolio of mineral exploration projects compared to its peers, which may limit its growth potential.
2. Lack of diversification - The company's focus on mineral exploration in Canada and Mexico may leave it vulnerable to regional economic and political risks.
3. Reliance on external funding - Pacific Bay Minerals Ltd relies heavily on external funding to finance its exploration activities, which may increase its financial risk and limit its ability to pursue new opportunities.
4. Limited production - The company has not yet achieved commercial production, which may limit its ability to generate revenue and attract investors.
5. Limited market presence - Pacific Bay Minerals Ltd has a relatively small market presence compared to its peers, which may limit its ability to attract new investors and partners.
6. Limited resources - The company has limited financial and human resources compared to its peers, which may limit its ability to compete effectively in the market.
7. Lack of established partnerships - Pacific Bay Minerals Ltd has not yet established significant partnerships with other companies or organizations, which may limit its ability to access new opportunities and resources.
8. Limited track record - The company has a limited track record of successful exploration and development projects, which may limit its credibility and reputation in the market.
