1. Limited exploration experience - Montage Gold Corp is a relatively new company with limited exploration experience compared to its peers. This could limit its ability to identify and develop new mineral deposits.
2. Small market capitalization - Montage Gold Corp has a small market capitalization compared to its peers, which could limit its ability to raise capital and compete for resources.
3. Limited geographic diversification - Montage Gold Corp's operations are currently focused on Cote d'Ivoire, which could limit its ability to diversify its operations and reduce its exposure to country-specific risks.
4. Dependence on a single project - Montage Gold Corp's operations are currently focused on the Morondo Gold Project, which could increase its exposure to project-specific risks and limit its ability to generate revenue from other sources.
5. Limited production capacity - Montage Gold Corp's current production capacity is relatively small compared to its peers, which could limit its ability to generate revenue and compete for market share.
6. Limited access to infrastructure - Montage Gold Corp's operations are located in remote areas with limited access to infrastructure, which could increase its operating costs and limit its ability to transport and sell its products.