Some believe that the ore bodies that we have mining rights to could eclipse the Bingham mine owned by Rio Tinto. I've heard that if the Bingham mine were valued in today's dollar the day they first started mining, it would be worth about $100 billion.
Also keep in mind that Wikipedia says that all of the copper available on our planet will be gone in 25-60 years. Maybe that is why copper is up another .10 today. It is not hard to get to $10 billion with $4 copper and billions of pounds of copper to be discovered.
$10 billion could be conservative on my part.
BTW...I'll see you 80% chance of an increase in AS and raise you another 19%. I would be shocked if they didn't need to increase it a bit given their cash flow situation. However, I have used 3.5 billion in my proforma for a while now. I would also not worry about any RS if done after they are cash flow positive from operations.
Maybe mutual funds are too risky for some and they should try the money markets. I just don't get why people would invest in a company and spend so much of their time and energy bashing them in public. Unless of course, they are not who they say they are and are being paid to point out only negative details about a company.
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