Post by
yixter on Dec 30, 2014 10:17pm
Lots of talk!
About the value of this company, and where the sp may go one thing is foresure with over 100 million in mine assets and annual production of over 100 million dollars over the next 6 years, and a land package of 7300km2 all equates to a marketcap that should be much larger than the current marketcap of 10 million these prices are a gift.
Comment by
ROCKABERRYFIN on Dec 30, 2014 11:04pm
they are a gift as long as the copper price stays where it is or goes up but if it keeps going down these guys are in trouble.
Comment by
samsons on Dec 31, 2014 3:15am
At least they and every other miner in the world are benefiting big from the low oil and gas prices. Lowers their production costs quite a bit and the cost numbers calculations they quote were done with gas and oil at a much higher price.