Welcome to the 27th edition of the Rational Cloning Newsletter (Weekly Ideas Series). Helping you discover the best ideas of others. Happy cloning. Weekly Investment Ideas (1) Mispriced Markets on Ero Copper Ero Copper (ERO, trading under the same symbol on both the TSX and NYSE) is a copper mining company. They have a mine in Brazil that is currently producing about 45 000 tonnes of copper a year. This mine has been in production for 5 years now and in that time, they have grown production, grown their reserves and lengthened the mine life (from 8 years to 12). The mine enjoys exceptionally low production costs, among the lowest in the world and this has helped them churn out consistent profits even before the recent run-up in the price of copper.
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The Rational Cloning: Weekly Ideas #27
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Welcome to the 27th edition of the Rational Cloning Newsletter (Weekly Ideas Series). Helping you discover the best ideas of others. Happy cloning. Weekly Investment Ideas (1) Mispriced Markets on Ero Copper Ero Copper (ERO, trading under the same symbol on both the TSX and NYSE) is a copper mining company. They have a mine in Brazil that is currently producing about 45 000 tonnes of copper a year. This mine has been in production for 5 years now and in that time, they have grown production, grown their reserves and lengthened the mine life (from 8 years to 12). The mine enjoys exceptionally low production costs, among the lowest in the world and this has helped them churn out consistent profits even before the recent run-up in the price of copper.