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17/09/07
15:41
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Not too many companies announce their copper resources in gold equivalent ounces.
If they did there would be plenty of copper companies with multi million ounce resources.
The gold and silver continues to upgrade nicely, as does the copper.
With regard to copper, at present I think you will find that many companies are valued by the market at less than 10% of in ground resources.
I do think that will change during this resources boom, as will the market's valuations of ALL resource companies.
You look eg. at how BHP is valued. It is crazily low based on the resources and earnings that BHP is achieving.
Way below how BHP was valued in previous resource booms.
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