1. Limited financial resources - White Metal Resources Corp has a relatively small market capitalization compared to its peers, which limits its ability to raise funds for exploration and development activities.
2. Limited exploration portfolio - The company has a limited exploration portfolio compared to its peers, which may limit its ability to discover new mineral deposits and expand its resource base.
3. Lack of production - White Metal Resources Corp does not have any producing mines, which means it is not generating any revenue from mining operations. This puts the company at a disadvantage compared to its peers who have producing mines.
4. High exploration risk - The company's exploration activities are focused on early-stage exploration projects, which carry a higher risk of failure compared to more advanced projects.
5. Limited geographic diversification - White Metal Resources Corp's exploration activities are focused on Canada and Namibia, which limits its geographic diversification compared to its peers who have exploration projects in multiple countries.
6. Limited institutional ownership - The company has a relatively low level of institutional ownership compared to its peers, which may limit its ability to attract investment and support from larger investors.
7. Limited market awareness - White Metal Resources Corp is a relatively unknown company in the mining industry, which may limit its ability to attract attention from investors and potential partners.