A number of analysts are predicting big things for price of copper in 2013, with strong demand looking to recommence from China supporting the bullish price outlook.
Discoveries are few and far between, especially new ones near existing infrastructure and producing mines.
A positive set of drill results wearly in 2013 and the likely momentum shift in sentiment should be extremely positive for SBR. I think the holders that pannicked and sold out over recent weeks will be kicking themselves.
A lot of accumulation has taken place by "smart money" as the fear mongers faciltated the sell off. We should start to see some decent voume kick in as we get back from the Xmas slow down. I predict some decent price growth will also feature over the coming months. Now is not the time to trade, but to accumulate and hold (IMO).
Good luck to the long termers. I reckon you/ our wait will be worth it.
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Mkt cap ! $5.501M |
Open | High | Low | Value | Volume |
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1 | 211202 | 0.014 |
2 | 192306 | 0.013 |
1 | 50000 | 0.012 |
1 | 90999 | 0.011 |
2 | 150000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 109158 | 2 |
0.016 | 149000 | 1 |
0.017 | 500000 | 1 |
0.018 | 187001 | 1 |
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