Yesterday's enthusiastic buying of BTR [up some 40%] well illustrated to us all that copper companies are once again very attractive to investors.
CDU which has been recently ignored by much of the market is many huge steps ahead of BTR in the timing of its discovery and the timing of imminent production from from its orebody at Rocklands.
Shareholders in CDU will be able to spend their dividends as from 2013 or use the money to buy shares in BTR. Conix
CDU Price at posting:
$3.39 Sentiment: Buy Disclosure: Held