OTCPK:CPPMF - Post by User
Comment by
Notgnuon Feb 17, 2021 11:21pm
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Post# 32592785
RE:Copper at $8560 per tonne!
RE:Copper at $8560 per tonne!I like TKO and CMMC and MIN but (as you know) I like NCU the most.
Here are two of many reasons why:
First: No insider selling despite past issues and near bankruptcy.
Second: NCU cost to produce is $1.90 to $2.10 per pound depending... let's call it $2.00 Other copper mines cost $0.50 to $1.50 let's say... so let's call it $1.00 per pound At $2.50 copper: - NCU = $0.50 profit
- Other's = $1.50 profit (or 3 X NCU)
At $3.00 copper: - NCU = $1.00 profit
- Other's = $1.50 profit (or 1.5 X NCU)
At $3.50 copper: - NCU = $1.50 profit
- Other's = $2.00 profit (or 1.33 X NCU)
At $4.00 copper: - NCU = $2.00 profit
- Other's = $2.50 profit (or 1.25 X NCU)
At $4.50 copper: - NCU = $2.50 profit
- Other's = $3.00 profit (or 1.2 X NCU)
Why NCU benefits more? Answer (in above example): - Other's went from $1.50 to $3.00 profit = 100% increase
- NCU went from $0.50 to $2.50 profit = 500% increase
In this example NCU benefits 5 X more than the other's
Cheers, Notgnu