Not a TSX Venture Co, moved to big board on heels of $20 M Financing @ $0.75 in 2011. Sure glad its notlisted on the Venture Xchg hence RDK's a big buy down here in my humble opinion. Given you blow your opinion up where the sun definately doesn't shine so often, thought I'd give mine for a change versus all the negative pump.
3rd party article below FYI /// May 07, 2013 (Dow Jones Commodities News via Comtex) --
SANTIAGO, Chile--Chilean state copper commission Cochilco's latest copper price poll released Tuesday shows analysts expect the metal to average $3.52 a pound this year, lower than the $3.57/lb estimate from the previous poll conducted in November. As the metal represents 60% of the country's exports and 15% of its gross domestic product, copper prices are a key indicator of the health of the domestic economy.
The 21 mining industry analysts polled likely lowered their outlook as a result of expectations of a copper market surplus for this year and next, Mining Minister Hernan de Solminihac said in a statement.
The 2013 surplus, according to the poll, will probably reach 132,102 metric tons.
So far this year, copper has averaged $3.50 a pound, according to Cochilco, which bases its daily market values on the London Metal Exchange's official settlement price for the session.
For 2014, copper is expected to average $3.43/pound, Cochilco said, noting that estimates ranged from $3.23/lb to $3.62/lb.
In the longer term, analysts polled see copper averaging $3.10/pound in 2018, with estimates ranging from $2.88 to $3.32, Cochilco said.
Chile produces a third of the world's copper and the government receives sizable revenues from state copper sales and private mining companies' income and royalty taxes.