re: buying opportunity here
yeah. gold is minor for this one as i found out after the radio broadcast on the 1/5/06. 14000 oz gold and 22000 tons of copper per year is there forecast! 14000 oz of gold @ $700/oz = $9.8mil 22000 ton of copper @ $8500/ton = $ 187mil expected cost of $45mil per year = net profit of above $150million...........and at 431mil share that = EPS of $0.34. hmmmmm a PE of 10 gives a share price of $3.40! so it fell in the last couple of days because of the 10% fall in copper price i suspect. only my opinion cheers PC
CMX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
