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copper , page-2

  1. Matteomc
    930 Posts.
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    26/10/09
    17:13
    Post #: 5832645
    Straws - I'm new to the copper thing. I'm accumulating MNC in the teens, but obviously I'm impressed with the run that CDU has had of late. I have just read the CDU annual report and I'm scratching my head on the valuation - their resource is not proven, Los Calatos' confirmed resources dwarfs even the optimisitic estimates that I have read from CDU - with heaps of upside. Why is CDU a 750 M company and MNC a 77 M company? I know it is better capitalised etc. but it is far more immature as well. Appreciate your thoughts.
    MNC Price at posting: 19.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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