Have any of you looked into investing in speculative copper mining stocks?
One I was looking at was:
Copper King Mining Corporation
Looks like they got their assay results back and it showed more gold and silver than thought in the mine.
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson
I bought in at $1.85 with the Copper Nickel PGM Explaoration company. Well they will be moving its awesome Nokomis proerty into production. I did sell my position today and will be buying back in. I'm thinking I could get back in at $2.40ish. When this company does get into production I could see this going to 10-12... They have a huge deposit...
Take a look at Terrane Metals. They have a massive copper/gold deposit called Mt. Milligan, located in BC. They just announced a decision to proceed with construction of the mine. If you're looking for a more a established producer, Taseko Mines is a solid play.
Speculative copper mining stocks
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Posted - 01/06/2010 : 11:32:17
