is btr cheap compared to other copper stocks, page-10

I think it's fair enough to make a comparison between companies that have clear similarities, so I agree with nordesmic on this.

I also agree with Dragone though and once the drill results transform Blackthorn's resources from indicated to measured we will be sure to see a share price in the region of $10, there's no doubt of it, as the company's asset value will be essentially confirmed. I won't be selling for any less than $10 - I can tell you all that now.

I've not hidden my view point on this before, as our regular forum posters will be aware. Quite frankly, the mathematics stack up to support this and potentially a SP much higher... Best case figures for BTR based on so far indicated resource at Kitumba alone could infer a SP of $45 to $50. However, I appreciate that to get there, the Board may likely have to dilute the company some more which would give us a figure of around $30/share based on an approx dilution of 1/3.

Then, don't forget Kakozhi, which it has already been suggested, could prove to be even bigger than Kitumba - which would be another incredible leap for BTR, considering Kitumba is being referred to as the "flagship" and a "World Class" copper mine......

Happy times ahead, best of luck all - not that you need it.