Copper Dev Share Discussion Threads

[the count of monte_cristo] 01/5/2012 09:16

Well it seems Mitch has his finger in many pies, he is also the President, CEO and Secretary of CZH



Recent news from CZH, interestingly, like with the Hinoba-an project they are looking to complete a trade sale or a joint venture of the the Taysan Copper-Gold Project. Mitch seems to be a serial developer and then seller of copper projects:) I like the strategy.



Apr 30, 2012
Pre-Feasibility Study on Taysan Copper-Gold Project shows Post-Finance After-Tax IRR of 49% and NPV at 10% of US$503 million

[kidgorgeous] 30/4/2012 20:42

Solfotara mining no further holding a notifiable interest in the company.
I notice Mitch Alland is a director in this company as well. Any thoughts anyone?

[duxy786] 26/4/2012 09:21

sorry mate, at these ridiculas levels...cant help adding. Sold out on WSX on Monday, Added, here Tue, Wed and Thurs...starting to become an addiction! LOL

[the count of monte_cristo] 26/4/2012 08:39

Can whoever is buying the shares please stop :) as I want to add at these lowly prices. I picked up 10k yesterday, now holding 170k, but it aint enough! I am under the impression that we will see the resource quadruple by the end of the year at Basay.

[duxy786] 25/4/2012 14:43

Dont think it's going to make any difference here, lets hope an offer comes through soon...

[the count of monte_cristo] 23/4/2012 20:17

I hope it does go down to 16p, I will double my holding if that happens.

I agree the copper price is pretty weak at the moment, mainly due to news coming out of China, the worlds largest consumer of the metal.

[jotoha2] 23/4/2012 19:28

Copper is in a short term down mood , so expect this to retest 16/18 pence , then we can have some fun!

[duxy786] 22/4/2012 18:56

Expecting a spike here to 25p before end of week and more news next week!

[the count of monte_cristo] 20/4/2012 07:00

Thanks for posting that Mike, I have been expecting something along those lines, that is a pretty bullish price target!

Apparently in the next 20-30 years the world will consume more copper than it has done in the last 10,000 years!

This is why I like the copper story, supply is not keeping up with demand....here are some reasons why;

a)Rising consumption from the East (China consumes 30% of the worlds copper)
b) the super giant mines are ageing and have exhausted there higher grade easily accessible ore, so now they have to spend more to extract less increasing the costs which puts a floor under the price
c) it takes on average, 10 years to find and develop a mine
d) mines are becoming increasingly more difficult to find as the world has exhausted most of its easily accessible ore...hence why it is now almost economical to extract ore from the seabed! See NUS for example.



...The bank predicts a shortage of 278,000 tons this year, almost enough to supply Europe for a month.

[mike_f] 19/4/2012 22:13

A new note from Fox Davies can be found on the companies website and their target price has risen from £1.16 to £1.31

[duxy786] 13/4/2012 10:48

Nice one TCoMC, managed to add some yesterday - 64738 @ 22.25, a bargain!

[the count of monte_cristo] 13/4/2012 09:34

Added a few more this morning, just a small purchase.

[leoneobull] 13/4/2012 07:16

Copper demand fr china should still be strong/ nervous mkts worried about slowing demand yet they are still going at 8% a Q!

Chinese economy grows 8.1% in Q1
Growth figures the slowest in three years

[duxy786] 11/4/2012 14:09

Mike_F - Appreciated the post. Agree with TCoMC, all posts welcome so long as their not repeats!

[the count of monte_cristo] 11/4/2012 11:35

Guys calm down :) Mike you are welcome to post here. Baffin, as long as we dont get posters repeating the same information day in day out and discussing every tick up in the share price then it is not a problem.

[mike_f] 11/4/2012 11:15

baffins,

How were either of those posts a form of ramping? Clearly you do not want any research posted on this bulletin board and just want 'informed opinions'. So sorry to have splattered bang up to date information on here...

PS. I did not ramp STEL at all... you asked me what I thought was achievable and I replied with 10p. If there weren't so many worries about funding, Rio divesting from their diamond assets and the fact the markets are very jittery at the moment I am sure that the share price would have hit that level.

Don't worry, won't post on this bb again.

[baffins] 11/4/2012 11:02

Mike, please try not to ramp this one like you did with STEL and your wild predictions of 10p after the Tongo and Droubja resources.

Everyone can read the latest news without splattering it all over the BB again.

If you have any detailed informed opinions please show it with reasoned comparable analysis instead of basic copy and paste of the facts which everyone is capable of seeing.

No ramping please.

[mike_f] 11/4/2012 10:45

New presentation posted on the website:

[baffins] 11/4/2012 10:32

Just as planned and expected, the Technical Report on Hinoba-an.

Nice to see the company on track with delivery and will be interesting to see the updated resource numbers.

Good things will be happening here at both projects ;-)

[mike_f] 11/4/2012 08:53

That was extremely kind of the MM's to bring the price down for me, thought I had missed the boat after this mornings RNS. Dipped my toe in @ 22.65p :) GLA

[duxy786] 11/4/2012 07:58

Looking sweeeeeeeeeeeeeeeeeeeeeeeeeeeet for a Sale!