1. Limited portfolio - Spearmint Resources Inc has a limited portfolio of mineral exploration projects compared to its peers, which may limit its growth potential.
2. Lack of revenue - The company has not generated any revenue from its operations, which may make it difficult to attract investors and fund its exploration activities.
3. Small market capitalization - Spearmint Resources Inc has a relatively small market capitalization compared to its peers, which may limit its ability to raise capital and compete in the industry.
4. High risk - Mineral exploration is a high-risk industry, and Spearmint Resources Inc's lack of revenue and limited portfolio may increase its risk profile compared to its peers.
5. Dependence on commodity prices - The company's success is highly dependent on the prices of the commodities it explores for, which can be volatile and unpredictable.
6. Limited resources - Spearmint Resources Inc may have limited resources to invest in exploration and development compared to its larger peers, which may limit its ability to compete and grow.
7. Lack of diversification - The company's focus on mineral exploration may limit its ability to diversify its operations and revenue streams, which may make it more vulnerable to market fluctuations and industry risks.
