RE:RE:RE:Busting $30.00I keep adjusting my trigger sell price - because I believe the stock continues to maintian good value at higher and higher prices. So much good news! Would love to see 25-30 this year - and its very possible with a few catalysts.
The real value driver here is a proven ability to bring new production on in a resonable time. There are loads of HUGE copper assets sitting on the Argentian side of Chile, but no one wants to be the first mover. Which puts a huge premium on producers (BHP-Anglo) and near/visible line of site producers.
Who cares about big resources if they wont be able to produce until 2040, 2045 when the market starts turning on all these huge low grade assets. The real value in the market is who can produce while the incentiviazation prices goes up.
I've been in since $1.44 and have unfortnatly sold about half my position, but still love the story.