GREY:MWSWF - Post by User
Post by
severeanalystson Jan 12, 2015 12:51am
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Post# 23308204
what the seller dont understand
what the seller dont understand
What MWE has are multiple open pit HIGH GRADE copper affairs, hence it matters not that Cu is less then 3 $ /lb, multiple zones of 2 to 5% plus copper...... richer then the grade in Arizona, mexico and chile who produce give or take 50% of worl supply in monster low grade porphyry deposits..
That they are all super profitable is w/o question. We think the selling will soon stop and the stock will start its march up soon and likely at a good speed.
The other thing is the concentrates can be moved by rail to the nearest port. THEY sit so close to the Zmbian railines that put in a port in a couple of days. Admitedly the DRC IS EXTREMELY under deveoped but once the cons are in zambia its done. We have been in this part of Africa some years ago by the way. Hit Zambia and well its like a different planet, so sellers should stop when this is finally understood.
will pick up more tomorrow after 3 of us researched the infrastructure all weekend..
severeanalysts