vehatzlacha's Profile
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I didnt get the cheapest of the day, but did add around 2.40 in my LIRA acccount which is long term. Thats a 5 year low. Insane.
Where is the bottom here? This is concerning. Didnt expect to find myself down 40% on this sucker given the high yield. Thankully this is in my LIRA and I have a long-term plan focus on that account ;)
Did we bounce off 4.82? Is this the bottom?
I sure hope someone doesn't know something we don't about a decreasing divvy!
I joined the Crius party today too and picked up 1000 @ 9.11. My bid got taken out and then pushed down tow th sub 9.10 range. What's a couple pennies right? :)
Portee - thanks for the tip on this one. Did some DD last week and then made the plunge. I can live with another Enbridge and make 11% yield while I wait for that happen.
http://finance.yahoo.com/news/hudbay-announces-2013-production-guidance-133024868.html
Reed/VMS mentions:
First Production at Reed Expected in 2013
Of the company''s $72 million capital construction budget for its 70% owned Reed copper project in northern Manitoba, Hudbay has invested approximately $19.7 million on the project to November 30, 2012 and has entered into an additional $17.8 million in commitments for the project. Capital expenditures at Reed are expected to total approximately $44 million in 2013. After completing the first portal development round in October 2012, the underground ramp has advanced approximately 72 metres. Hudbay has submitted the Environmental Act licence application for Reed to the provincial government. Initial production is expected by the fourth quarter of 2013 and full production of approximately 1,300 tonnes of ore per day is expected by the first quarter of 2014.
...
Initial production at the Reed copper project is expected by the third quarter of 2013, subject to receipt of required permits, with 51,000 tonnes of ore expected to be mined in 2013.