The way I see itFor the last 6 months I have been saying that the company needs to show a couple quarters of steady production for the “valuation” of the company to rise. During that time the price of copper and speculative interest has promoted the PPS. and baring any misfortune assures a positive cash flow from the UG operation this year; after that the stock will really take off. Essentially it matters not IMO whether copper is $4.50 or $6.50 to NCU’s risk profile. And if it’s just counting chickens before they hatch, I’ll spend my time researching copper markets and learning what determines supply and demand, while also seeking other opportunities that might develop.
b.