Australian (ASX) Stock Market Forum

Invest in copper companies

I don't agree. Averaging is a risky strategy, it can add on to your losses if the direction does not go in your view.

Certainly you can't be winning if you have shorted oil since $50, and then averaging up as the oil price moves up.

at lasyt, a man after my own heart, pogue muh ho-in , :blover:
Chiiiiiiirs
............Oscar W
 
Hi guys

What do you Cu-gurus think about Copperco? They have impressed with the rapid development of their flagship project, Lady Annie in QLD, and seem to have a hole host of drill ready targets in their exploration calender. Lady Annie global resource currently stands at 36.1MT at 0.9% Cu. I believe they're currently producing at 19,000tpa and will be ramping up to 25,000tpa by mid 2008.

Thoughts?....
 
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