CYM
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2.94% 3.5¢ cyprium metals limited

Ann: Significant Copper Intersections from Nifty West Drilling, page-24

  1. peter63
    853 Posts.
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    04/11/21
    08:03
    Post #: 57301088
    That's my understanding on this topic as well.

    So back in 2016 the global average copper ore grades for copper mines was 0.62% and the price of copper back then was less than $3 / lb. We have 20 years worth of copper at Nifty @ 1.51% and the current price is well over $4 / lb. Is this a no-brainer or what ?

    The short term price movements only gives the wise a chance to top up.
    CYM Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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