Cuzo
They were saying the same thing on Foxtel business this morning.
They said copper and another metal are going to provide a floor for metal prices and should do well do to lack of the resource around.
From my angle...I couldn't care less about the daily fluctuations right now, the dow or many external factors.
CMR just announced they are now a PRODUCER. They have 5 months stockpiled....a 3yr contract.
Finally....finally....CMR will be bringing in the money and topping up the coffers with the only thing which everyone was doubting about their future....MONEY.
Well yesterday...it all changed.
They went from a big doubt to everyone...now to an real prudicing miner.
Also...early October...as others stated...more to come.
This for me is 1 day into a re-rating...might be slow compared to other spikes...but with all the bad sentiment...we should expect that.
I can see it moving above $1 dollar in a couple of weeks and thats way good enough for me.
Huntleys $1.40 valuation...maybe 2 months away..who knows.
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