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Gold/Mining/Energy : Copper Fox

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Underhill69
To: dsikorsk who wrote (8674)12/10/2014 3:49:37 PM
From: Theotokos1 Recommendation  Read Replies (1) of 10654
 
Hit a new low of .105 today. My guess is it will drop below .10 before the end of the year, and then hold in that range until the market processes a few items: RE at VD, joint venture news, rebate and the plans to spend the rebate.

After that, I see us continuing the same drift downward until we come perilously close to that .05 number. At that point, barring any surprises from Teck, consolidation will be inevitable, as will a further drop in share price. Ultimate low - who knows - but at that point, does it really matter for those who have held long?
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