I 100% agree. copper is about the 10,000 usd per mt mark now. the chart over the last 3 months is steadily up, there are a bunch of things constraining supply worldwide from poor mine grades to the situation with first quantum's mine in Panama. Against this background we have a mine that needs a fairly small amount of money spent to restart. This is something that becomes more compelling economically each day. like a lot of people I am well underwater on this stock right now, am I complaining no, I have been buying more as I think they are cheap now. I also made a lot of $ in NST by getting in at an average of just over $2/ share and just holding on. I am going to do the same with this one. I think BB track record speaks for itself and he doesn't have a banker or financial credibility issue like lots of jnr miners, he is also very invested in DVP.
I am certainly not selling because of short term share price issues and a broker downgrading the stock price target, while the primary commodity price keeps increasing because shortages are looming and expected to continue by BHP and others eg Rick Rule to be a long term issue.
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Last
$1.98 |
Change
0.000(0.00%) |
Mkt cap ! $509.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34 | $2.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.95 | 640 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34 | 2.070 |
2 | 1051 | 2.050 |
3 | 118 | 2.040 |
1 | 15 | 2.030 |
1 | 272 | 2.020 |
Price($) | Vol. | No. |
---|---|---|
1.950 | 640 | 1 |
2.000 | 310 | 1 |
2.030 | 4000 | 1 |
2.050 | 2055 | 1 |
2.150 | 5000 | 1 |
Last trade - 13.49pm 18/09/2024 (20 minute delay) ? |
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