"I think that by the time it enters production in 4Q11 the stock could be in excess of $1".
Duck I reckon it will be by how much over $ 1. China is not holding up with their interest in silver. Also only 30 billion dollars worth of investment silver above ground. This is such a small market that can explode and I think the mania phase is coming soon. All my opinion. Hopefully this week we challenge $ 0.70. I reckon $ 1 is not to far away. $ 1 will probably act as resistance for a bit before it cracks through that level. If silver spot really booms, I mean hits close to $ 100 an ounce, CCU will be one of the best performing stocks on the ASX.
CCU Price at posting:
62.7¢ Sentiment: Buy Disclosure: Held
