Decent Valuation.Looks like CCT is trading about 1.5x cf. If there weren't a plethora (my word for the day) of other cheapo Cu plays in safer jurisdictions, I'd take a position.
The junior Cu producer sector is ripe for sector consolidation. Almost across the board they are significantly undervalued. When these management teams can swallow their pride and get rid of their egos, these plays should bulk up to garner far higher valuations. One mine plays simply don't get any respect and trade a tiny fraction of where they should. 1-2x cf is absurdly cheap for plays with 5-10+ yr mine lives (using $1.50 Cu as the base case).