Stock price when the opinion was issued
Quite a volatile situation. Stock rallied recently on quite a good quarter and on the prospect that their big Prosperity mine was going to get permitted. Prosperity will create a ton of value for the company but unfortunately, there are a lot of environmental risks. If you are patient, you are going to do okay. With today’s pull back, this is a buying opportunity
This still has legs. There’s been a break out in the 10-year decline we have seen in base metal prices, which should be positive for all the base metal companies, particularly the Canadian ones which could have by-products of zinc, lead or other things that can bring a fair dollar.