A lot of worst case scenario talk on these threads regarding copper price. I think it’s good because the upside hasn’t been priced in yet. Copper up 2.3% overnight and I honestly think demand is only going to increase from here. CYM is just about the only copper stock at its development stage that isn’t ripping higher, ironic because it’s one of the closest to production.
The talk on here is so much like the HIO threads before they got their finance package approved. They had a good resource but a lot of skepticism about share price growth due to the iron ore price fluctuations and lack of previous share price movement. Then bang finance news and the share price does close to 200% in a month.
If the daily Hotcopper discussion for your stock is all euphoric and overly positive it’s usually a sign to take profits because your stock has probably done 3-4 bags and is peaking. CYM is at the complete other end of the spectrum which to me looking at the fundamentals it screams buy!
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4.5¢ |
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Mkt cap ! $68.61M |
Open | High | Low | Value | Volume |
4.4¢ | 4.7¢ | 4.4¢ | $240.2K | 5.283M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 80799 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 111111 | 1 |
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No. | Vol. | Price($) |
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2 | 80799 | 0.045 |
2 | 69068 | 0.043 |
3 | 973285 | 0.042 |
6 | 978682 | 0.041 |
10 | 868076 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 550250 | 7 |
0.048 | 941111 | 3 |
0.049 | 1025000 | 2 |
0.050 | 559081 | 3 |
0.051 | 490000 | 2 |
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