RE:RE:BehaviourSo in January, before Duterte did a complete 180 and lifted the 9 yr new permit ban, this went to 20 cents on no news. I'm guessing b/c of the surging copper prices as this has always moved with copper which is still above $4. So now, with the PH in desperate need of new income and with Duterte's mining positive turnaround above we are at 6.5. Remember, even if the open pit ban is not lifted now, it can be done at any time with a pen stroke. If Duterte surprised with the 9 yr ban lift, he can instuct his Minister at any time to lift the open pit ban, or his successor.
I sold a lot of my shares at 15.5, 17.5 and 19 cents, and I bought some more yesterday. What happens when copper is $5, $7 or $10?
Good luck,
Robert