CUO copperco limited

organised sell down, page-3

  1. 150 Posts.
    Agree.
    Share price is now only 20c(post consolidation) above share price before feasability study was completed in 06 for Lady Annie project. Since then explorer has become large copper producer with copper prices at near record highs ($3.70 US/lb). Reserves up, price up, production up with share price down by nearly 60% in 6 months. Price dropping sharply over last couple of months.
    Estimated P/E for 2007 is around 3 (at projested earning of 17c per share). Smells very fishy to me
 
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