1. Limited exploration experience - TriStar Gold Inc. is a relatively new company with limited exploration experience compared to its peers. This may limit its ability to identify and develop new mineral deposits.
2. Small market capitalization - TriStar Gold Inc. has a small market capitalization compared to its peers, which may limit its ability to attract investment and finance its exploration and development activities.
3. Limited geographical diversification - TriStar Gold Inc. is focused on exploration and development activities in Brazil, which may limit its ability to diversify its operations and reduce its exposure to country-specific risks.
4. Dependence on a single project - TriStar Gold Inc. is currently focused on the development of its Castelo de Sonhos gold project in Brazil. This dependence on a single project may increase its exposure to project-specific risks and limit its ability to generate revenue from other sources.
5. Limited production history - TriStar Gold Inc. has not yet produced any gold, which may limit its ability to attract investors and financing for its projects.
6. Regulatory and political risks - TriStar Gold Inc. operates in Brazil, which has a complex regulatory environment and political risks that may impact its operations and profitability.
7. Limited access to infrastructure - TriStar Gold Inc.'s Castelo de Sonhos gold project is located in a remote area of Brazil with limited access to infrastructure, which may increase its operating costs and limit its ability to transport equipment and supplies.
