First post on Hot Copper. This stock has taken a belting like lots of other stocks in the resource sector. There is no doubt they have have much upside on gold, silver, lead, zinc & mag. The part I like about todays announcement is that ROL by starting up mag production "may" be able to self fund gold & silver production etc. At this stage with money in the bank (although obviously still has exploration & other expenses)this means less CR & perhaps less borrowings in the future than other companies in similar positions. ROL is in an excellent position to start up & progress & perhaps once again be a market darling. GL has skin in the game & appears to be a top man. All the above is opinion only. Disclosure..I own shares in ROL
ROL Price at posting:
34.0¢ Sentiment: LT Buy Disclosure: Held