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Gold/Mining/Energy : Copper - analysis

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From: siempre333/20/2009 1:58:20 PM
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Copper looking very bullish...Shanghai was up-limit Friday...
the stocks are ready to follow, and here's one that may be the best jr. currently out there [my opinion only]

Gobimin -GMN.V-
You can pay .79-.80 cents for Approximately $1.60 per share in cash, 111 million dollars cash on hand. So they're trading at half our cash value. They paid a 4 cent dividend last year...and there was newz today sending shares higher...

comment on SH board...

"Yanxi is ready to go ,once copper hits $2. Quite likley, GMN will buy out one of the partners first.
Yanxi can probably be mined by open pit for $1 per pound cash costs and China is the world's largest copper consumer and will be for a long while yet.

Located in China, and fully permitted, its likley this will be their next mine...say 30 million lbs per year for 10 years.

However,they have 4 other projects are are aggressively seeking high grade deposits for acquisition.

The table is now set , and we should see them make their move soon..."

newz and quote...

ca.finance.yahoo.com
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