Profitable US copper play with 10x expansion in 2 years

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unionhall - Wed, 21 Dec 05 :

Strow,

Looks positive alright. Since they are already profitable there seems little downside.

The upside of course depends on future copper and moly prices not collapsing.

Resource Investor uses $1.20/lb for Copper and $15 for Moly which could well happen and Mercator have increased their resource since then.

Being part of the Liberty Micro-cap fund should raise the profile in the New Year.

It has all been good news since I bought in and I hope it lasts. The BFS result will be the clincher I guess.

It is also in a stable political climate which is nice after looking at some of the Russian "opportunities".


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