Post by
epko1999 on Jul 15, 2022 1:27pm
Poor Capstone
Nobody expected that the price of CS would drop to 2.25 when it was 7.50 in March. It's extremely cheap base on the current market cap. I'm wondering any giant copper miners ( like :- Glencore, Tech Resource, KGHM, BHP) want to take action to buy Capstone.
Comment by
Luckyguy777 on Jul 15, 2022 9:07pm
Book value of the shares is around $4 per share. That always gives me comfort. I will hold what I have and add some more on dips. I really think the market is confused on the metrics from the merged entity. Flush with cash, no debt and a new mine coming on. A good news story here.
Comment by
Cobalt on Jul 16, 2022 11:26am
Nobody? I dumped my coppers in March that is when recession talk first started Goldman sachs was dumping my copper name also , Copper miners cycle, number 3 for this name , -85% , -95% only -70% so far this cycle , getting juicy dyodd
Comment by
Redfoxy on Jul 17, 2022 11:14am
if Glencore were to make a move I would sell everything at once, no matter the price. I was involved in one of their joint venture/equity interest and they are ruthless and shareholders suffer. Just a word of sage advice.