1. Limited Resources - Straightup Resources Inc has limited financial resources compared to its peers, which may limit its ability to invest in new projects or expand its operations.

2. Lack of Diversification - The company's focus on gold exploration and development may limit its ability to diversify its portfolio and reduce its exposure to market risks.

3. Dependence on a Single Project - Straightup Resources Inc's success is heavily dependent on the success of its flagship project, the RLX North project. Any setbacks or delays in this project could have a significant impact on the company's financial performance.

4. Limited Market Presence - The company has a relatively small market presence compared to its peers, which may limit its ability to attract investors or secure financing.

5. Lack of Established Infrastructure - The company's projects are located in remote areas with limited infrastructure, which may increase the cost and complexity of exploration and development activities.

6. Regulatory Risks - The mining industry is subject to a range of regulatory risks, including changes in environmental regulations, permitting delays, and political instability. These risks may have a significant impact on the company's operations and financial performance.