RE:RE:ncu talkThanks for the advice cup. At least it cost me nothing. Charts and graphs are quite worthless in predicting future. They tell the past quite well though:))
I have never been as confident in a minerals play. It is my guess that we head steady up from here to a dollar by year end. Of course, people buying in now will get about 8 bags if that happens. Me only about 4 from my cost average. Recent buys did bring average down.
This years financials will be full year with no earnings as the 150 million free cash will be used to complete underground developement, catch up on interest delayed payments and finance exploration, as well as pfs on op. Also lots of years of capex to write off.
However, as the development, exposes stope after stope and exploration adds billions to resource and debt gets paid down, it just adds value.
nf
If copper can get to 7 dollars or higher, we all win.