QRS Capital (QRS.V) has announced their due diligence team in Chile has erroneously added 90 hectares to the San Felix claims the company owns. One of the concessions – San Augustin 1-10 – is not a part of QRS’ San Felix project, but the other 23 mining concessions remain valid.
We think the loss of 90 hectares on a property total of 2470 hectares won’t make a lot of difference, as the company only lost 3.5% of the total surface area of the project.
Disclosure: The author holds a long position in QRS Capital Corp. Please see our disclaimer for current positions.
