RE:RE:RE:RE:RE:?I like your reasoning but for me it's a hold. I won't add here.
My quibble with your assessment is that I don't use anything near $3 copper nor $26 silver
when I calculate EV/Resource or Cash Flow etc
I used to own CS back in 2007-2008. Copper went from $2.50 to $3.80 in less than a year.
a few months later it was back down to a $1.50. My investment in CS didn't look as good
to say the least. The stock of course went from $4 down to $1 in that same period.
So when I say fairly valued I am not talking 20-25%. I'll give you that just on a margin of error.
Copper prices can be so damn volatile. I've seen it once so I am definitely twice shy here
even with an average cost of my shares in the 50-ish cent range.
Hoping CS continues it's climb of course!
I'll say one thing it rarely behaves as well as it has of late.
It's been a beauty stock to hold since mid-March.
One the best stocks I own to be honest
GLTA