Seems to be a macro downer on copper, mostly fears around the China property market. XAM is probably getting a side serving of profit taking by the impatient.
We should be getting some more news on the remaining infill and exploration targets in the near future, probably next week, we'll see if that gives the SP another kick. Plus we've got the deep drilling and updated MRE to look forward to before year end.
Plenty of targets, plenty of drill rigs and plenty of cash... definitely the "happy place" for an exploration company!
XAM Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held
