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What’s CBE Worth, page-242

  1. 238 Posts.
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    This is a major copper discovery.

    It is like finding a wallet on the side of the street. I tell you to lend me $20 and you can have 20% of what is in the wallet.

    When you realise there is $1000 in the wallet it is worth $200 your 20% share.

    When you have a resource like copper which there is a world shortage with only so many years of supply and you find over 4km worth of copper along a trend line open ended with more drill holes to confirm how much further the trendline continues for, you may be sitting on $5-50B worth of copper.

    Short term you may make a quick buck but long term you will make something even bigger.
 
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