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Sunday, January 01, 2012 1:26:30 PM
*BAJFF cost of copper per lb. is $.29- (other minerals mined will off set the cost to the negative number.)
*5 th largest copper mine in the world.
*Stock piling surface copper now to sell.
*Other mines comparable company’s used, HGZ11, CUN.TO, NCU.TO Seem to be trading at about 5 times earnings.
My largest holding is BAJFF, started accumulating in 2007. My estimate is $4.00 - $6.00
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