Miningnut how about C$9 per pound Cu not share price.
I jokingly predicted US$7 per pound as the price spike. Could be conservative.
25th March she broached $2.40 now she's $1 ahead. Pretty amazing considering it used to sit at 80c.
Why..... because the mining industry has been beaten around the head with a big stick for 30 years (pricing wise). Driving efficiency and effectiveness in exploration and production. Its reached a limit!!!! Copper projects take two to three years to get in production and China can't wait that long.
The trend is your friend folks - this isn't a dot com bubble (yet) - this is real profits and no instant panacea for Cu prices - they're going north!
Stone Pony's right about Anvil being tightly held. When the exploration results come out someone's gonna squeeze and she's gonna burst through $2.
Thats my soap box for the evening.
Happy hunting.
Stu
Position: Sentiment - Buy a shedload! - for some reason it isn't on the drop down list....
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