SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Mr. Aloha10/6/2006 9:15:19 AM
   of 78419
 
Prudential upgrades Copper Industry --

8:00 AM EDT
Prudential said it is upgrading the Copper industry to a Favorable rating, due to a higher price forecast. Now sees price at $2.00 over 2009 to 2012 time period, up from $1.80 previously. FCX, RTP upgraded to Overweight.


As long-term metal prices get upgraded, companies doing feasibility studies will benefit as project economics will improve dramatically using higher prices. Financing these projects will become easier as financial institutions realize the commodity bull is for real and continually increase their price forecasts.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext