Post by
westcoast1000 on Aug 14, 2021 2:53pm
NR and response
While the news is not wonderful, it is not terrible either.
The slow pace start-up is pretty much normal from what I can gather.
The statements about deferring the end date of loans is also not terrible, given the obvious assets below the ground.
The departure of the CEO is surprising, but the next guy has very sold qualifications.
Thanks to NF and Bogfit for sensible posts that do not turn this news release into a catastrophe.
For the tiresome bashers here, why do you bother? I have invested a long time and have never seen the need to go onto a bulletin board to bash a stock, regardless of whether i own it. I would feel stupid and shallow in doing so. If you bashers are right and this is a bad stock, why bother to tell us over and over?
Fog off, doomsayers.
The copper is there. The company is not having financial crisis, and the mine is going to produce 6500 tpd instead of 5000 tpd. Shareholders will win.
Comment by
TomsStockHut on Aug 14, 2021 3:42pm
completely agree to this statement. This is an opportunity for investors, not for pennyflippers... cheers, tom
Comment by
alvarez2 on Aug 14, 2021 4:39pm
The sp make go up one one day......particularly if copper moves back into record territory, however, with so many others to invest in, why put your money in a company that is obviously struggling even at $4 + copper.
Comment by
quinlash on Aug 14, 2021 4:52pm
I am buying copper stocks and looking at others that will benefit for the US stimulas packages rolling out. Expecting alot of those projects to call for copper, expecting Electric vehicles to drive demand and expecting new projects to be announced for Power Grid upgrades. The power grid will call for substantial amounts of copper for conductors and transformers etc.
Comment by
patchh on Aug 14, 2021 5:19pm
looking for something 2 short WRN.. a lot of this copper is hype... that new pak of infrastructure is a pork -w- no leadership behind it..
Comment by
patchh on Aug 14, 2021 5:15pm
this is the only stork i own/position that trading less than 25.. U buy a bukety.. the moive up a little - sell.. drop buy a few more; this was thcas w NCI in the past.. going forward NCI is a 3 to 5 year play
Comment by
alvarez2 on Aug 16, 2021 9:55am
Yeah........load up boys.