GREY:LCPRF - Post by User
Comment by
fleeinggrandichon Oct 05, 2010 10:36am
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Post# 17529368
RE: RE: RE: RE: RE: Manipulation
RE: RE: RE: RE: RE: Manipulationkrogh: Thanks for the explanation. I know Cu in the ground isn't valued at $3 or more for takeover - my problem was the huge disconnect between Cu's spot price and the present market cap. But okay, 3c/lb is about 1% of in situ, so I guess LCC still has a way to go before it can hit its proper buyout value.
It's amazing how much copper we use in this world.