Appreciate that this company recently raised capital at 6 cents but now with short term funding out of the way, I expect a nice little re-rate to be coming soon. With copper prices over $4.00 a pound, I can’t see how this company’s share price shouldn’t start to trend upward in the near distant future. I think a few investors from the recent raise have been selling off as of late due to only wanting to hold the options and not the heads/options but that is good for a long term holder like me, happy to pick up shares at 5.4 cents yesterday. I’ve always said this is a nice little bolt on acquisition for other producers in the neighbourhood (plenty of copper and good infrastructure) as a back up plan so downside here in my opinion is quite well protected. With Charlie Bass at the helm anything is possible, he controls this company’s destiny and I am happy being a long for the ride especially at this share price level. Cheers, CP.
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1 | 300000 | 0.056 |
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2 | 200000 | 0.053 |
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Price($) | Vol. | No. |
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