Copper we rarely talk about here, and you don't see many good articles on projects coming online, status of existing mines, and all the factors that go into supply/demand ... maybe we just don't tune in, it's not sexy ... the Cu chart doesn't look like it's going back to .61 any time soon, but still at 2.80 you know that a strong message is being sent, to expand production ... and that always overshoots, eventually
In that post i was just having a bit of fun with the impatience and the word 'portent', of course ... there's portents, and then portents, probably some are im-portent ... anyway half the value of Copper Fox is in gold, so in Claude's scenario it should come out fine, might want to change the name to Gold Fox ... i don't really have an ultimate target for cuu, don't believe in that stuff really because you never know, i've just got a figure where the plan is to sell enough to get twice the money back, and then ride the rest wherever ... and we're not anywhere near that level yet |
