is phu kham expansion good news?, page-4

Entrop,
I think you could be right. Brokers playing their buy/sell games to control sentiment and profit from the swings.

I agree the run to 85c was a bit over exuberant. Wishing I'd sold but I had my sell at 88 which just did not get there. Copper and gold having a breather too and China is causing a little angst so there are some other fundamentals helping the downswing.

I think $110m to extract another 10 years mine life is reasonable albiet lower grade. Copper mines are a finite resource these days.

Cheers
Dave