COPPER 0.00% $2.71 copper futures

Yes if there was ever a time to load up in Copper Jnr/micro caps...

  1. 12,472 Posts.
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    Yes if there was ever a time to load up in Copper Jnr/micro caps I think it would be hard to go past present valuations yes many stocks are up a good few percent ... peanuts to what coming over the rest of the decade everything is pointing to a Super Commodity cycle.... that's been suppressed last year+

    https://hotcopper.com.au/data/attachments/6037/6037104-65f8217cf7a58898ba0f42c2fae71b1e.jpg
    have looked over most of the ASX Cu plays ...holding a few micro-cap specs RDM-KSN-GCX that have Cu exploration + minor Production upside ...but no major Cu plays that will see their SP follow Cu towards the USD$10-15-20,000t next several years ..

    So after looking over the likes of HCH , RXM etc ...and decided to follow my successful TSX Gold investment GAU ..and look over a few of the TSX offerings ...(great how CMC markets you can buy many companies at other exchanges now)

    last week I picked up a good size chunk of- ADZN:TSX suppressed Mining Corp is an Ecuador-focused copper-gold exploration and development company....production is planned to start early 2026..Mktcap -A$176mill...

    https://hotcopper.com.au/data/attachments/6037/6037148-df7ff644c3efa5b4566b31b6f1329e39.jpg

    Hydro Power~90% of Ecuador grid powered by renewable hydro-electricity –
    local grid connections

    Government Support Only 3rd mining project with national investment contract recently announced ..

    https://hotcopper.com.au/data/attachments/6037/6037165-734fdaf9c2d17065cab4e3a0c465ad88.jpg
    Construction planned to start middle of this year for El Domo high grade 1.9%av Cu P&P reserves...

    Also have a very nice Gold Project-Condor -With total contained gold of 2.3 Moz Indicated & 4.3 Moz Inferred ...and they have just discovered more high-grade Gold extensions nearby with results like >>>

    https://hotcopper.com.au/data/attachments/6037/6037172-cf049001c9452acf3ad7a0f3db22687f.jpg







    More details >>recent presentation>>
    https://www.extensions.com/storage/presentations/adzn---corporate-presentation---2024-q1-2024-02-12---final-web-1707979780.pdf


    Last edited by Sharetrader78: 17/03/24
 
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