deeppocket83's Profile
deeppocket83's Posts
lots of meat on the table. Copper is slowly recovering and some will feel the pressure to aquire some of our properties if not all.
Here is a thought... maybe Teck will give us an olive branch and announce production decision. This alone could take us to a buck /share plus 20 million.
Elmer told me last year that there is no point looking for a buyer until we get the optimization study which should now be around the corner. Better to shop us around with optimized results vs non IMO.
I'm thinking KGHM. They don't have any good copper projects in the pipline.
Last:
0.135
Change:
0.010
Volume:
137,600
Last Trade:
09:47
Level ll Quote
Bid
Ask
Price
Total Size
# of Orders
Price
Total Size
# of Orders
$0.125
36
3
$0.135
4
1
$0.12
503
13
$0.14
172
5
$0.115
907
17
$0.145
72
2
$0.11
342
12
$0.15
649
14
$0.105
158
3
$0.155
168
3
$0.10
537
7
$0.16
313
5
$0.095
2
1
$0.165
89
3
$0.17
12
1
$0.18
23
2
$0.185
5
1
Welcome back.
First sign of good news is how quickly shorters covered copper positions based on just speculation from Trump. Shows how undervalued copper is at this time of age.
The infrastructure upgrades is not what excites me but the demand for solar products and electric cars over the next 10 years. Copper is the best and cheapest product to fuel this demand.
Worst case we get bought out for a 1 dollar Canadian / share this year. Best case we get a bidding war 2 years from now.
Teck has to keep in mind that it will take 5 years to still build this mine and copper could start hitting new highs in 3 years or less.