Screaming buy at these levels!Have followed this company for a long time and traded in and out of it several times. Current price, imho, is a screaming buy considering the potential for more consolidation in the industry, analyst targets of $3.00 (very conservative considering they are using $1.10/lb for copper and $0.60/lb for zinc), lots of cash in the bank from the most recent financing (which obviously pissed some people off and that it why it is in this week's doghouse!)and a host of good properties and drilling targets.
Unless I am missing something here I don't suspect we will be at these levels for long. Do you own dd but the risk/reward ratio on ccu is certainly one of the better ones out there.
With the recent financing at $2.25 I would suspect we would be back at those levels as a floor price in a very short time.
Good luck, good trading and have a great weekend.