RE:1.99 canadianYear ago Copper = $3.0/lb and now $4.3/lb
Year ago WRN = $1.4 and now $1.6
Copper has gone down from $4.8 to $4.3 and WRN has gone from $2.8 to $1.6
at this rate, if Copper goes down from $4.3/lb to $3/lb we will be trading at a negative $2 and at a minimum no where near $1.4 like a year ago
The Rio news has been sold and we are now trading as if that news never even happened...and trading like we are not closer to becoming an operating mine than we were a year ago. Hard to believe....