Yes @Tunnelthug, AIS is certainy one I'm looking at, but not right after one of those "Massive Copper Sulphides Intersected" announcements like yesterday morning's.  I'll let the hype die back down again.

Nope - not holding SFR, but wish I had not sold out obviously.  Horrible timing on that sell.  They'd done nothing for so many months and then started heading north as soon as I sold out.  I have also considered OZ Minerals but I agree that OZL has run too hard already.  Mind you, I thought that when they were significantly lower and it hasn't stopped them going up to where they are now.  I think SFR still has some upside but also some risk, as they only have one mine producing copper - DeGrussa - with feed from Monty as well, and are developing projects in the USA and in Botswana.  I think Karl will eventually have his empire - i.e. Sandfire will be a multi-mine and multi-national copper producer, and at that point they will be trading at significantly higher levels than they are today, but I expect that it won't be all up in a straight line.  With the significant development risk that they have with T3 and Black Butte, plus the depleting resource at DeGrussa with no recent exploration/discovery success in their surrounding JV tenements, I just get the feeling that I might get the chance to get back in at lower levels than where they are today @viharerda.  Meanwhile, I'm looking at some smaller copper plays that are already producing or are close to it, and weighing that up against getting back into a multi-commodity producer like BHP.  I had the right idea last year about sticking with copper as copper was going to lead the base metals recovery coming out of COVID, but I didn't execute well on that plan.  I'm now wondering how much more upside there is left in the major ASX-listed pure-play copper producers, and wondering whether it would be better to move down the food chain a little.

Hey @Viharerda, sorry - don't have any fresh insights into TLM.  I was interested in TLM back then because of their association with SFR (who bought the tenement containing the Monty copper-gold deposit/mine off Talisman) and I was a shareholder in TLM at that time, but got out after they paid the capital return and special dividend.  I was interested in Kerry H because of what he managed to achieve with Jubilee Mines, a nickel miner which got taken over by Xstrata (for over $3 billion).  Kerry built up Jubilee from basically nothing, so is worth following I think.  However I'm not interested in up-and-coming iron ore miners.  I think the boom prices for iron ore is temporary and I think the iron ore price normalises once we get an adequate supply response.  And I think Vale will get their production fully back online eventually which will give China more options to buy iron ore ex-Australia which I think they would appreciate since they are trying to screw us on every other front.  If I was going to invest in an iron ore miner, it would be MIN or FMG, or BHP if I also wanted exposure to BHP's other commodities.  I don't like RIO much.  I would only dabble in iron ore via those with the very lowest cost base, or via a company like Mineral Resources (MIN) who have proven to very adaptable, nimble and opportunistic - and can move in and out of commodities and remain profitable.  That's not to say that these other up-and-coming iron ore producers are going to be terrible investments.  Some could be great investments - for those who follow iron ore closely and can get in and out quickly.  The iron ore price could change direction very quickly, or correct very quickly if new data emerges to indicate that there is more supply coming online than previously expected.  I just don't follow iron ore closely enough to be comfortable investing in an iron ore miner.  I'd rather back a metal that isn't already booming, and has strong tailwinds behind it.  Copper comes to mind.  And gold.  That's just a personal preference though.  I don't follow TLM these days so can't really add value here.