An important aspect of individual stock performance is to understand that they are part of a sector and sector sentiment can be very strong up and down on a stock price.
Copper prices have been way down and so have been the prices of copper stocks - if holders who are concerned by the copper price drop get a chance to sell they will.
I understand that copper will be in deficit this year and LME metal stocks have fallen over 100,000 tonnes back to early 2011 levels - Shanghai is up but the balance is still a drawdown.
With this stock you must have a view on the copper price as well as drilling.
dead duck, page-9
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