SWVI is inching closer and closer to the $1.00 mark. It's almost hard to believe that just a few weeks ago SWVI was trading around twenty cents. If the impressive move that SWVI has made so far hasn't proven to you how big copper is right now, then maybe you might believe it when SWVI hits $1.00 and more.
If this pace continues, SWVI could hit $2.00 before the end of the month and soar through all time high again and again.We still think there's a lot more room for gains considering the heavy accumulation the stock is continuing to get and the many positive announcements the Company released on the Algarrobo Property.
In fact, Tuesday's volume was one of the company's largest day's of accumulation.
Here's why we think $1.00+ could be realistic soon:
Data released on the Algarrobo Property to date revealed that the property may have the same potential as the Olympic Dam property in south Australia. Many of you may not know how significant a comparison this is. The Olympic Dam is the sixth largest know copper ore body, the fifth largest gold ore body, and the largest uranium ore body in this whole entire world!
Olympic Dam's copper assets based on today's copper price would be valued at approximately $863 billion, including $470 billion in copper, $270 billion in uranium, $116 billion in gold and $8 billion in silver.
To be compared to a property of such a magnitude could mean huge things for SWVI!
The stock has been making and breaking it's all time high all month and we wouldn't be surprised if the pattern continues the weeks ahead.
Could we be looking at $10.00 in SWVI's near future? Anything could be possible with an exciting copper company like SwingPlane Ventures Inc.
Remember that 4 analysts have reviewed the company and most of them agree that SWVI could be trading over $7 in the future:
1) Research Capital Investment issued a week ago a buy recommendation with a target of $10.
2) A Seeking Alpha editor stated not too long ago that a buyout is looming for SWVI with a target of $11.50.
3) Another Seeking Alpha editor stated earlier this month SWVI is comparable to HudBay Minerals Inc. a $7 copper company.
4) Zacks.com CFA analyst reported yesterday bullish inputs on SWVI with a target of 96 cents.
If these analysts, who all agree, are correct, SWVI has the potential to take your investment up over 1,000%.
All signs seem to be pointing upwards and we are as excited as ever to see what happens to SWVI in the weeks to come. How much profit would you like to see yourself make with SWVI?
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