Post by
TimeTooSoar on Sep 13, 2023 6:40pm
Losing my shirt…
On this investment so far... ouch. I been buying in since $1.80 and constantly averaging down.
I do tho think it's short term weakness.. Copper has been above $3.60 and that's where the company says the dividend is safe.
I am worried their cash pile is dwindling and we need a solid q4 with half decent copper price.
Bit risky here but it's at a good price.
Comment by
lechmeir on Sep 14, 2023 6:43am
As the Chinese manufacturing sector picks up, copper supply is going to be awfully tight. We have to see it get above $4.00 to start talking about special dividends. It's slow, but I think it's coming.