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Article has a good section on copper:
https://oilprice.com/Energy/Energy-General/Three-Commodities-Set-To-Boom-As-The-Global-Economy-Recovers.html
Hopefully, it's certainly a good time to find it:
https://oilprice.com/Energy/Energy-General/Three-Commodities-Set-To-Boom-As-The-Global-Economy-Recovers.html
Sounds a good strategy sageman, who could argue with locking in profit. I'm on a free carry myself, gambling with the houses' money. I'll have increased profits or maybe less.
Regardless I'm locked in now, enjoying my Easter. Let's hope for the company and all investors the initial indications are to be followed by news of high quality fast flowing hydrocarbons....
Agree aprogerson, the 2021 campaign for precious metals coupled with further copper exploration has the potential to really elevate the SP from these basement levels. I was fortunate to be in GWMO a few years back when the SP went from pretty much here to over 2p on copper exploration potential. The companies prospects this year are arguably much improved.
I'll only invest what I can afford to lose, especially due to the exploration risk. This sp will move though as them drills hit the ground and on the anticipation of news. I'll de-risk on the way up, aiming for a decent free carry for a hoped for JV.
The next few months are going to be very interesting :)
SP will stay at this level whilst placing shares are churned through. I'll be building a bigger position starting next week. I've only a modest 2.3 million shares, I want at least twice that before this sp takes off.
Gla
Apro:
"Following the laboratory results, Cyanide leaching is not recommended, due to greatly increased costs and a much longer lead time for commercial development which would deliver only a marginal increase in recoveries, and the Company will therefore proceed with a gravity separation project. "
Much longer lead time is what stands out to me. Long lead time equals more placings, no one wants to see that imo.