RE:RE:Monster project for TorqHi Swingtrader - yeah, i don't profess to be an expert either, but here's a few diffrences that I see, and why I like this particular junior copper company....
1) You've got the ever-expanding demand story for copper we all know about. Even if Evergrande creates a wobble for China in the short term, medium and long term demand copper demand is just going to get ever more voracious. It's unstoppable.
2) No new major copper discoveries in many many years (decades?)
3) Copper mines are very different to gold / silver. Very much bigger and more impactful on the local environment. For that reason, gaining the requisite permits are much more of a challenge, and the most likely reason for a company to fail.
4) Though in Torq's case, we know from Shawn Wallace that for the 1st two projects at least (Margarita and Andrea), permitting should be fine. I haven't heard about the third project yet, but no doubt they have this covered here too.
5) Time scales for copper companies are way longer. Think 20 - 25 years at least from discovery to production.
6) The Lassonde curve should still apply over this longer time frame.
7) Because of higher permitting risks, lack of other new discoveries, and longer timeframe - the potential rewards (albeit, in time) can be gargantuan.
8) Copper is also a good diversifier if you're heavily long precious metals; gold does well when the economy tanks, but copper does well when the economy booms.
8) I don't need to tell you about the calibre of Torq's team. Credibility of the people is what it's all about.
So my view is, buy a bit and hold forever...!