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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Antofagasta - FTSE-100 copper firm eyes strong production growth

September 2009

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ANTO
  • Price:
  • 741p
During the last boom the price of copper gained more than 400% and really captured the public's imagination with suggestions in the press that it would be worthwhile melting down 2p coins in  order to sell the copper content. Meanwhile, on the other side of the pond Uncle Sam was so rattled that at one point it considered banning the export of scrap metals for the first time since the 1970s. And the crazy thing is that on the second anniversary of the start of the Credit Crunch another boom in copper is already in full swing with the price having more than doubled since the start of the year, albeit still 30% down on the previous peak. As a result, the big question is which share can provide the best proxy to capitalise on any furth ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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