Dear readers, since the low in mid-December when it is strong copper gone up.
The fears of a massive decline in economic performance in China have not yet materialized. And just to strong demand in China is driving the price of copper over and over again. This new increase is seen also on the share price of some large copper values ??..
Bougainville Copper
This company could simply be the largest copper producer in the world. The mining company has over 7 Pangunamine next to the additional licenses which are located on the island of Bougainville in the Pacific off Australia and could be merged three of which the largest copper mine in the world. Bougainville is one of Papua New Guinea, but striving for independence in a referendum zwischen 2015 and 2020.
Amazingly, the current BCL price is only € 0.60. Thus, the stock is well below the industry average of ratings by potential competitors. In addition to paying Bougainville Copper also has a dividend yield of 2.8 $ and attractive production has risen back to pre-civil war level ..
More imagination is obtained for this stock and other values ??from the copper segment by higher prices - and they are quite possible. Consider this: At present the cost per tonne of copper nearly 8,000 Dollar.Noch beginning of August 2011 were almost $ 10,000. And from a low of just under $ 7,000, the price of copper has also recovered significantly again. In this respect copper stocks are now interesting again.
Bougainville Copper pierces various reasons stand out: The company has no debt, and also sits on about $ 100 million in cash on the ASX landscaped. In addition, the high profit margins and production costs are among the lowest in the world .. Current the stock is listed near the 52-week lows.
Of these it has in the course of the recent price rise in copper have been solved something - but the 52-week high, the stock still situated far. The current stock market valuation is a significant drop in prices for copper have been priced.
Prospect of rising copper price, provides for potential
But this year, a further price increase is again very possible. The also have the landowners and the government of PNG Pangunamine erkannt.Schon next month to begin negotiations, to be completed in the reopening of the Pangunamine sollen.Dieses lead time will benefit the entire population of the island from the profits it derives precisely and the upside potential and The surprise factor in Bougainville Copper from. Are highly profitable commodity values ??with reserves im2-3-digit billion dollar range, it is rarely compress in Angebot.Zudem the rumors on the island that PNG should have agreed to transfer its 19.6% share of the autonomous government of Bougainville Copper Bougainville.
But after the turmoil in the stock markets last year, there are times such understatements.
In the past it was frequently so that the stock has risen on the basis of such valuations in the next twelve months significantly. Why should not weider get the story this time.
Successful Investments
wishes you
Jean-Jacques Tire-Bouchon
Editorial "Private Commodity Research"
BOC Price at posting:
70.0¢ Sentiment: ST Buy Disclosure: Held
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