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Morning @hash
Glad you are keeping well .I remember you cashing out on a few companies.as you said better sitting tight. and I hope you do well in new business, properly find out time will fly quicker for the good results.
hi Casual
Thanks for remembering me.
when the markets crashed i sold everything and against all wisdom kept buying kaz. To say i am happy to see how copper has recovered is an understatement. I haven't sold any kaz yet as i believe its grossly underpriced . i stopped day trading a long time ago after i burned some cash predicting (wrongly) how covid 19 would shape out. i was right about it being curtailed in China but totally got it wrong when it came to US and Europe.
My assumptions about copper price have only improved as I think Covid has created more damage on the supply side then on the demand side, particularly delaying expansion of capacity at existing mines commissioning of new mines unfortunately including that of Kaz.
This will create a bigger demand supply gap in 2-3 years time. so if you have patience i recommend sit tight. I might resurface in a year's time again to see whether my predictions are still true.
I am now happily working at an AI start up which is keeping me very busy ....almost 60 hours a week so haven't had time time to do anything else.
Hi Tuscon, how are you and the Spanish sun? How is Covid out near you? I hope you're doing well.
To others, please excuse me whilst I hold a private (public) conversation with Tuscon over PXC. We last spoke some months ago with the sp around 15p, if I remember correctly. It's now heading towards 30p. If you haven't invested yet, you might like to consider doing it soon, as we're due some core results from the early project (Red Star), from which they have posted some photos in their photo gallery, to which my geologist friend said WOW!!! If you have any geologist friends get them to look at the photographs in the PXC gallery of the July 2020 core samples, and let us know what they are. We might be able to get a little advantage before the results are posted.
Meanwhile I'm delighted with my KAZ shares, and wait to see them hit previous heights. Do you think they'll pass 650p again any time soon?
Have not heard off @hash, with figures coming up next month reflecting share price .with even gold doing well .
If that's so tuscon, imagine where price would be if more positive news from the other month from Baimsakya mine.
can't believe kaz is under £6 with copper at 2.90+