Bougainville Copper (BOC) shares are still strongly undervalued…
…even though Bougainville’s new president Tanis supports the re-opening of the giant Panguna mine!
…even though most of the Panguna landowners call on BCL to resume mining!
…even though former freedom fighters assure security!
…even though reconciliations are already on the way in Panguna and Arawa!
…even though American Deposit Receipt (ADR) emitting banks have to stock up until January 2010 because of short selling in the past! (they are approximately 40 million shares short!)
Never within in the last 20 years Bougainville Copper had been nearer to re-open the mine, but Australian investors ignore reality! In November 2007 the share price already soared and was three times the actual exchange price! So, why not today as well? Are Australian investors blind and deaf? Bougainville Copper is still lying in the ashes – but very soon will rise! By the way: Singaporeans are not blind and deaf!
BOC Price at posting:
62.0¢ Sentiment: ST Buy Disclosure: Held
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