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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (1295)5/18/2002 10:34:06 AM
From: Stephen O   of 1643
 
Here is current brief comment on copper from Canaccord in Canada. No roll over to me.
The rate of increase in LME copper inventories has slowed significantly over the past several
months; so far in May, inventories are down 6,400 tonnes

Cancelled warrants have surged over the past several months, indicating that further draw-downs
are likely

Continued growth in US industrial production also points to a brightening outlook for copper

Levered copper producers include Aur Resources, Inmet, First Quantum, and Falconbridge
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