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Re: AllyAustin post# 14821

Tuesday, 07/08/2008 9:00:59 AM

Tuesday, July 08, 2008 9:00:59 AM

Post# of 83044
Nice, its seems most are bullish on minerals and metals going forward the next couple of years. And those forecasts are in a weak world economy. Here's something to think about....

For every .01 increase in copper prices, it increases our annual (350 day) profit by $500k+; or .10 equals $5m; or $1 equals $52m w no increase in overhead costs... and if other credit metals follow pricing trends, that would obviously add too. Talk about leveraging....!! And to think that the company's pro formas use $3 as their projected per lb copper price...yeohsey!!

jtf


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