1. Limited financial resources - Orefinders Resources Inc has a relatively small market capitalization compared to its peers, which limits its ability to raise funds for exploration and development activities.
2. Limited project portfolio - The company has a limited number of exploration projects in its portfolio compared to its peers, which limits its potential for growth and diversification.
3. Lack of production - Orefinders Resources Inc does not have any producing mines, which puts it at a disadvantage compared to its peers who have established revenue streams from mining operations.
4. Reliance on joint ventures - The company has entered into several joint venture agreements with other companies to explore and develop its projects, which exposes it to risks associated with partnering with other companies.
5. Limited geographical diversification - Orefinders Resources Inc's projects are primarily located in Canada, which limits its exposure to other mining jurisdictions and potential opportunities.
6. Lack of established partnerships - The company does not have any established partnerships with major mining companies, which limits its access to resources and expertise that could help accelerate its growth.
7. Limited track record - Orefinders Resources Inc is a relatively new company with a limited track record of exploration and development success, which may make it less attractive to investors compared to more established peers.