I would love if C6C made off with a steal. The share price should be soaring in no time as they develop this incredible Australian asset. No trouble getting financing because its such a great asset.
In reality, its a marginal asset. The stock market gives it no value with copper prices at these levels. I chose this company because it is a marginal producer that will pay off big time if copper prices rise, but lose hard if prices flounder. I don't know that much about mining, but I got a lot of faith in copper. Why do you own this stock?
C6C Price at posting:
73.5¢ Sentiment: Hold Disclosure: Held