SMO smc gold limited

copper price

  1. kawartha
    712 Posts.
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    02/05/06
    06:23
    Post #: 1532798
    I have taken a fairly large stake in SMO over the past weeks as demand continues to out strip supply for copper.

    The copper price has risen from US$1.22 in May 05 to over US$3.25 in 12 months and no sign of slowing down.

    Looking forward to a new broker report - ABN AMRO Morgans had a 12 month target price of 15c back in november when the price of copper was under US$2 and before the massive resource upgrade at Cinabrio.

    Cheers

    kawartha


    SMO Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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