GREY:NEVDQ - Post by User
Comment by
sysaphuson Oct 26, 2010 5:50pm
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Post# 17615382
RE: RE: RE: Nice buyout candidate.
RE: RE: RE: Nice buyout candidate.Tho I doubt that copper will be valued at $.10 per lb in the ground anytime in the near future I do agree that what you say could come to pass re the increased resource. Maybe even that copper stays extraordinarily high for several years. However it could also come to pass that copper peaks late this year or next and then retreats. Personally, due to the shaky global situation, I'm not betting on anything other than gold and silver.
This is currently my only copper play and it has turned out to be a nice surprise. Whatever happens re price will make me happy.
I don't think buyers or sellers will be prepared to wait another 12 to 18 months tho.