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Southern Copper Corp. Message Board

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  • xcttgc xcttgc Oct 20, 2006 12:40 PM Flag


    Give it another week and we will all know

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    • I feel we'll see $ 1.10- $ 1.15 low side as as high as
      $ 1.25-$1.75 high side.

      Copper prioces have been stable and high, they are selling all they can mine, and it is a sellers market.

      I was long 5K shares and held thru the split so now 10K.
      I was thinking of trimming my position, but recent China
      continued strong economic growth suggest i should add more.
      I see PCU at $ 60+ by year's end. Of course if Dividend is it high end, we'll see investor bid th stock to $70+ for the yield.

      PCU is a wonderful company and stock. They really know how to run the copper business and will continue to grow and dominate the market for a long time to come.

      Wouldn't be surprised in in another 12-18 months we were back at $100 again and splitting once more.
      This is a stock you keep as a core holding while getting
      a fabulous dividend relative to the risk. Great way to balance a portfolo with some income metals.
      Good luck longs

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