COY 0.00% 1.1¢ coppermoly limited

wheres the support, page-3

  1. 2,956 Posts.
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    Hi RF,
    The logic seemed to go out the window with Barrick when they decided to totally walk away even before the resource upgrade is out. Not sure Barrick would go for the equity option to tell you the truth, sounds like Barrick are getting rid of any plays that are not soley gold and COY just happen to be in the firing line. I see Barrick sacked their MD recently and he was responsible for venturing into copper plays.

    Look its a quality project and the market cap is too low for the assets we have, but we need to find some institutional interest. Im pretty sure the placement holders werent anticipating/sold this story, thats for sure

    77
 
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