I think this will go the same way as EQN which is around $5.07 and still undervalued according to credit suisse.
The reason this is going up so fast is that there are not many sellers. ie a tightly held stock. Major shareholder Glencore same as EQN. Both top stocks and world class copper resources. Won't be long before the chinese arrive if they are not already negotiating.
buyers and sellers, page-5
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