Shares of Bougainville Copper are undervalued in my opinion. The company stands to benefit with the eventual rebound in commodity prices, in my opinion. Investors looking for exposure to this sector should look right here. I have no position in this stock.
Market Cap is K250', BCL has roughly K188' in cash and no assets. I don't see the "undervalued"
ReplyDeleteMost companies sell at a premium to the book value of their assets. This is not out of the ordinary and the market is placing a premium because of what the company has to offer.
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