GCR 0.00% 0.2¢ golden cross resources ltd

valuation of large phosphate interests, page-10

  1. 2,086 Posts.
    Also regarding Copper Hill - see the attached link to a Resource Stocks Magazine article - July 2006;

    http://www.goldencross.com.au/Articles/Art2006/PDF/Art20060731.pdf

    Obviously a little out of date but the key thing here is to look at Page 2 half way down the page and the GCR MD's comment about long term Copper and Gold Prices at $1.50lb and Gold $400oz. Compared to current day prices well over twice that.

    The comment straight after that is the key point - Copper Hill would 'make solid money' at these prices. At current Copper/Gold prices - there must be some Chinese interests etc looking at this prospect?
 
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