$3.75 spot=~$3.85 AUR price=$4.93/share EI am now in a position to buy more. Why? Aside from the fact that once the loser of Inco/Xstrata will be very hungry, each 5 cents that AUR sells THEIR (they get an LME premium for their Grade A production) copper for above a 2006 average of $2/pound will add at least 8.5 cents/share to earnings of $1.79. Should today's price end up being the average, AUR will finish 2006 with earnings just under $5/share, cashflow over $6/share and NET CASH by year end close to $7/share. Who but a fool runs away from a stock with those numbers. Throw in a full year of Duck Pond in 2007 adding near $2/share alone to 2006 earnings plus the Andacollo expansion that should see a near doubling of production by 2009 and you have a strong hold and buy by any measure. Think about it: If my theory and your theory is correct that we are in a bull market that should last another 3, 5 or 10 years do you not believe that multiples for stocks like AUR currently around 3!!! will rise to reflect year after year after year of higher prices? People, think long term and buy with confidence and then hold with conviction (especially you Canadians that don't have to declare Capital Gains until you take them)