the price of copper has been one of the more stable things out...

the price of copper has been one of the more stable things out there (18 month chart for eg. around 25% deviation). Compare that to other base metals, oil, bank shares etc. The costs do have to come down, but how much 'cost' was attributable to the Armenian operations? Staffing alone would have sapped their funds. I cant see them burning too much cash now unless the grade becomes substantially worse. They're drilling deeper and into better grade. I've emailed the company about the current grades/costs and will update on reply.