PINL:VLTAF - Post by User
Comment by
KieranJon Dec 22, 2010 1:38am
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Post# 17880586
Gaoua copper-Easymoney
Gaoua copper-EasymoneyI wonder if spinning the Copper play out is being considered Easymoney? You might be right on target there.
Since they say they are
"planning to continue to rationalize their current property profile" that could mean they are looking at selling some of these other properties and like you said the way the copper market is moving.
On the other hand...
They could also be looking for more copper too the way the copper market is going. They also say
"Further drilling at Gaoua Cu-Au targets" could mean they are drilling Gaoua not only looking for gold but copper too.
Maybe they are looking to be the next Nevsun Resources. Nevsun has about 734 Million lbs of copper at their Bisha Mine that is going into production in Q1-2011. The first two years they will be mining 900,000 oz of Gold and the next eight years of the mine life they will be mining copper and zinc.
Now that could be something interesting.
Cheers,
Kieran