RE:RE:RE:RE:RE:RE:Resistance Since c1 remains the same regardless of copper price, ever .10 cent rise in copper adds about 3.5 cents per share to the annual bottom line (at 115 million pounds of production). If a 10 multiple is appropriate for this stock, then every 10 cent rise in price of copper should result in at 35 cent rise in price per share.
theoretically. Price of copper means a lot.