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3.64% 5.3¢ great boulder resources limited

You are spot on with your assessment of the copper market. It...

  1. Von Rico
    4,744 Posts.
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    03/08/21
    20:54
    Post #: 55005253
    You are spot on with your assessment of the copper market. It takes a long time to bring new copper projects on stream and there won't be enough existing supplies to cope with demand.

    I don't know if you have heard about Sandfire Resources. They were trading at $0.05 when they struck copper in 2008 (in the Meekatharra region) and the initial share price surge was spectacular (went to $4.00 almost overnight and as high as $10.00). Mulga Bill is in the right neighbourhood and so these recent copper hits at Mulga Bill are very exciting too.

    Sandfire

    https://hotcopper.com.au/data/attachments/3429/3429611-fd0baf1f1915549dda62783bc16b9498.jpg

    Last edited by Von Rico: 03/08/21
    GBR Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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