CCU 0.00% 5.8¢ cobar consolidated resources limited

silver through $25 aud, page-10

  1. 3,859 Posts.
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    hbunton, I look at it this way - once CCU is in profit territory, every increase of $1 in the POS will lead to $2 million extra revenue. Multiply that by say PE 10, should equal an increase of 20 million in the company's market cap. The POS has to be past the break even point for that to happen though.

    Price of Silver stayed up in the States on Friday. Don't know what that means for the coming week!

    I think profits in the share market are coming off the table and the big boys are looking to park it somewhere. With Helicopter Ben talking of tapering, bonds would not be the place to go. So maybe they are running into hard assets. Gold and Silver in particular.
 
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Currently unlisted public company.

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