Many of these projects are just options on the Cu price. The Chinese are probably just trying to get a foot in the door for the day Dr Copper bounces back IMO.
Good luck with IAU, looks like a reasonable bet on the inevitable kick up on copper prices.
Had a look at them myself, must be a couple of years ago now, when they were sitting on a huge pile of cash. If I recall correctly, they were trading below cash backing at one stage and seemed like a pretty safe call, but I didn't buy in.
Funnily enough, I did hold them long ago, under different management, when they were known as Nu Star mining, and I got into them specifically for the Paulsens deposit. They could never quite get that mine to work and I sold out in frustration. Paulsens was then sold to a then micro-cap NST and the rest is history.
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Last
23.5¢ |
Change
0.010(4.44%) |
Mkt cap ! $74.41M |
Open | High | Low | Value | Volume |
22.5¢ | 24.0¢ | 22.5¢ | $92.88K | 408.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21997 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 25477 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1997 | 0.230 |
1 | 45422 | 0.225 |
1 | 12636 | 0.210 |
2 | 222456 | 0.200 |
1 | 5220 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 25477 | 2 |
0.240 | 149135 | 3 |
0.245 | 89934 | 1 |
0.260 | 29889 | 3 |
0.270 | 14814 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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