RE: copper playIf this is your favourtie copper play your portfolio has issues.
This company has nothing to do with copper. They've yet to prove anything economical and they have no cash. They issue a couple million shares a year to Macquarie because of inept management with no focus. They are spread way to thin and are lucky to be getting this second chance.
Having said that, I do own a small chunk of change. Extremely speculative money and my cost base is $.45 cents. A long ways to go before I break even. 90% chance this stock goes nowehere and a 10% chance we could see a $1 +.
If you guys want a real company that has a serious chance to appreciate 300-600% in the next year then look at Callinan. That would be considered a blue chip , large cap, safe play compared to this "pie in the sky" stock with aweful management.
With that said, I sure hope we get lucky here.