coppermoly (coy) is a gold/copper/molybenum mine just west of...

  1. 165 Posts.
    coppermoly (coy) is a gold/copper/molybenum mine just west of lihir gold in PNG. the original focus of the mine was copper targets, however with the price falling in copper its share price took a tumble. Two recent announcements indicated it has some sizeable gold deposits. The company is in no debt and already has in place a deep water port and roads to export the minerals. A JORC is due out in the next month or so. One to watch i reckon
 
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