RE:RE:RE:NewsThis value is taken from the company web site. The NPV with copper @ $3.15 USD is $524 mil USD after tax. That equals $662mil CDN. So 662mil/88mil shares out. The shares should be trading at no less than $7.52.
There’s an extremely high probability that copper will never go below $3.15. Remember everybody is on the green wagon. They should be trading at least $7. Now adding more resources in the future and we go down. There is no other reason to explain the share value other than government uncertainties.
Nobody on here has given me an alternative reason and I doubt you will be able to either but I’m all eyes.