I wouldn't touch it Warren unless their is some recent news out there. It's been trending down the past year from $1.50 to .44 while all metals have been soaring????
I don't show any recent news that would indicate a reversal?? What thread at GIM????
I don't like pennies at all, Foamex was a special circumstance! The only one i've bought since is FGOC which i've been in since .28 and am patiently waiting for a big move!!!!!
3 comments:
Sinclair references the following article on drought/power problems in Chile which is world's largest copper producer. I broke up the link:
http://www.bloomberg.com/apps/news?
pid=20601109
&sid=ayzSmNhAJMug&refer=home
Gotta be careful with FCX now - one of my fave fives.
RioTinto is probably the obvious play but they're too rich for my blood.
Remember PAL when SA announced their power problems? Anyone have a good play on copper? Besides Yamana? Hey this may be SeaBridge's time, if I recall they have copper too.
Sinclair references the following article on drought/power problems in Chile which is world's largest copper producer. I broke up the link:
http://www.bloomberg.com/apps/news?
pid=20601109
&sid=ayzSmNhAJMug&refer=home
Gotta be careful with FCX now - one of my fave fives.
RioTinto is probably the obvious play but they're too rich for my blood.
Remember PAL when SA announced their power problems? Anyone have a good play on copper? Besides Yamana? Hey this may be SeaBridge's time, if I recall they have copper too.
Thread is from Axstone's analysis...around page 245 or so.
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