InvestorsHub Logo
Followers 7
Posts 546
Boards Moderated 0
Alias Born 10/15/2008

Re: stankyleg420 post# 67739

Monday, 10/04/2010 2:03:21 PM

Monday, October 04, 2010 2:03:21 PM

Post# of 83044
In your analysis, doubling the profit would indeed be very conservative because the cost to produce the copper isn't much different when copper is $1.60 vs. $3.60. Most if not all of that $1.60 goes towards production costs. Most of the $2 difference would go directly to the bottom line.

F18

Just my opinion and should not be considered as advice to buy or sell.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.