Alarmist Innuendo is the Kamloops Minority SpeakingThis has always been consistently, within this 90+ thousand community of Kamloops. They are certainly trying to grow legs along the way and stand all over this low copper prices scenario while KGHM restructures to ride this out. (all major mines have) That's predictably.
I am in for the "long" because KGHM is showing me, that they're solidly invested within Kamloops regarding this longer term supply that would certainly add to their wordwide & required quota supplying China, their largest customer.
KGHM has restructured and protected their investment in Kamloops. KGHM is a large enough player to ride out the storm re: ongoing copper & gold prices. re: the opposition that remain the minority of population, (and still) trying to speak for and steer the masses in Kamloops over their way.
I believe KGHM's business ethic will prevail, and when the winds of time change favorably, this will be a shiny jewel in the ruff for long term investors. I believe that KGHM Ajax Mine is a shiny jewel that will turn the tide and be warmly welcomed by the masses within Kamloops, that's overall. KGHM/Ajax Mine is not an if ? it's always been when ?
In fact - I am betting on it and keeping every share right on track and on hold until production. However, it's each to their own and tolerance level. My money re: the KGHM Ajax Mine has plenty of patience (and legs) while seeking to average in more - into my portfolio.
I will always be on the prowl while watching/studying the SP on this one.
GB