RE:Could this be the bottom for copper mountain?
Yeah, I hear ya, I was one of the guy buying that dump they took. And I agree anything is possible but at a major multi year low, it didn't feel like a bad place to make a stand. Copper has been bouncing around and it could just as easily go up as down. In addition still got some powder dry if you are right, but didn't want to miss out if it goes the other way and $1.06 just seemed really cheap to me when I value copper mountain at current or even lower copper prices. Just my opinion. PS. Run the valuation vs. first quantum on copper production per share and you will be amazed how cheap copper mountain is trading in comparison. Mind bogglingly cheap.