wow..."We are initiating coverage on Simberi Mining Corporation (SAU: TSX-V, S9X: BBSE) and expect the company’s market
capitalization to reach C$194.36 million, with a corresponding target stock price of C$1.23 over a 12 month horizon."
"In addition, due to lower copper inventory levels globally, demand is
outstripping supply. Consequently, copper prices have risen more than three times to around US$2.37 a lb. currently from
US$0.72 a lb. in 2001. The demand-supply mismatch is expected to continue in the near-to-mid term as any new supply that
comes online is likely to be used immediately to meet the growing demand. As the company has interest in an attractive copper
property, the Kakanda Project, which is currently in advanced stages of development, Simberi Mining’s stock price is expected
to move up significantly, going forward."