I like using my calculator on these figures, " Nobody can forecast what the prices of these two metals will be by the time Kylylahti starts to produce its 10,500 tonnes of copper and 11,900 ounces of gold a year, but whatever they are the project will also get significant credits from cobalt, nickel and zinc. " I believe copper prices will hold up better than most, and gold will continue higher, so on todays commodity prices, these guys will be making good profits with no debt in a couple of years. Stuff investment properties and super funds, just keep topping these puppies up at 13c, and live of their diverdends in a couple of years.
VCN Price at posting:
13.0¢ Sentiment: ST Buy Disclosure: Held