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Copper – Pure Plays

Posted by nexvucapital on December 14, 2012

With growth returning to the world at large (SSEC up 4.3% last night) we felt the need to profile a couple of pure copper plays. One large and one small.

First Quantum broke its 18 month bear trend in September. The recent rebuffed takeover bid for Inmet has delayed things but this is a large pure copper company.

FM - Weekly December 13 2012

Capstone (a junior) is still trading below its 18 month bear trend. The price needs to clear the September high to confirm a breakout.

CS - Weekly December 13 2012

 

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