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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (22975)1/4/2006 8:27:43 PM
From: Grantcw  Respond to of 78774
 
I bought some TGB yesterday also. If the price of copper continues to rise, or even levels out for a couple of months, investors should start believing it might hang up above $2 for a while, which will hopefully result in solid gains in TGB.

I think investors are banking on a solid correction in Copper, which is why TGB is at a low valuation, in my opinion. But, we'll see. I like the play on the copper demand from the emerging markets + the potential strike in Chile. Could be an interesting stock...

-cw