Thank you to those who replied to my question about copper plays today.
In summary (and what is clearly a preferred order of companies) I had the following responses:
AVB - huge potential - undervalued - quality staff, great tenement, Ag & Cu options - multi bagger
SFR - definitely not - by 2020 has limited shelf life - only if you want extreme volatility
OZL - currently overpriced ($8) - suggest buying at early $6 - large MC so unlikely to multi bag
FND - placement will hold back for some time - high risk - overpriced
TGS - ho hum - likely to retrace more - high risk
On the surface AVB appears to be a no brainer, and currently the hottest copper play (certainly on HotCopper forum).
Can someone tell me why they wouldn't invest here for a 2020 return?
Thanks.
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$10.34 |
Change
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Mkt cap ! $4.190B |
Open | High | Low | Value | Volume |
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View Market Depth
No. | Vol. | Price($) |
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8 | 36219 | 6.760 |
10 | 36962 | 6.750 |
8 | 31360 | 6.740 |
6 | 17781 | 6.730 |
8 | 33067 | 6.720 |
Price($) | Vol. | No. |
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6.780 | 14048 | 3 |
6.790 | 31638 | 7 |
6.800 | 41939 | 10 |
6.810 | 45076 | 14 |
6.820 | 8156 | 3 |
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