In the last few weeks copper has seen a staggering rally in price making us believe that the industry could be one of hottest in 2013. A few weeks ago, Inmet Mining Corp. a copper company, received an unbelievable $5.1 billion takeover offer that they refused!
This leads us to believe that astute investors should be looking at small-cap companies in the copper with the most potential upside.
Today we'd like to introduce you to SwingPlane Ventures Inc. (OTCBB:SWVI).
SWVI just recently acquired the Algarrobo property in Chile which according to some reports could hold as much as $20 billion USD in potential copper. If proven, we believe shares of SWVI would skyrocket to over $5 in a heartbeat!
HSBC bank, Morgan Stanley and Barclay PLC have all recently released reports showing their confidence in the copper market and why demand and prices could continue soaring in 2013.
In fact, major companies like Rio Tinto and Codelco are pouring billions of dollar in Chile as they believe more copper finds are very likely! Chile is the #1 location in the world to find copper and SWVI is right in the heart of it.
This could be a great time to be invested in copper and SWVI could the place you want to be in especially now when the momentum is just getting stronger by the day!
With dwingling ore supply and high demand, copper prices are poised to soar again in the short-term. Experts are saying that we only have 25 years left to mine copper before it's all gone. The world is scrambling to grab every last ounce, but SWVI has recently acquired the Algarrobo property which is a historically copper-rich property in the world's biggest copper producing country, Chile!
In our opinion, SWVI is about to soar past $2 or more as speculated by many on the Street. Don't be left behind when SWVI starts running to new highs again! This is the perfect time to consider SwingPlane Ventures Inc.
SWVI's Algarrobo property is also located near Chile's gigantic 9 billion ton "Chuquicamata copper deposit". At today's copper closing price, that deposit would be worth over USD $25 billion dollar in copper.
Those who are wondering, just how much modern society depends on copper, one just needs to look at the high profile industries that rely heavily on this raw commodity. Today's copper is used in construction, power generation and transmission, electronic product manufacturing, as well as the production of industrial machinery and transportation vehicles.
Major companies like Rio Tinto, Freeport McMoran Copper and Gold could soon be looking at SWVI as a potential buyout considering all the potential that their property holds! SWVIcould soon be the biggest copper stock of 2013!
With the top 3 publicly traded copper companies trading at over $35 per share, it's not unthinkable for SWVI to soar once the world begins to realize that copper ore is getting scarce very rapidly. In fact, a recent analyst even compared SWVI to a $7 per share copper company. If that is true, potential gains of over 1,000% could still up for grab!
Make sure to keep SWVI on your radar as it will most likely be the last day we see shares trade this low in our opinion. |