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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: tyc:> who wrote (62918)	1/18/2009 1:09:14 PM
From: tyc:>	Read Replies (1) of 78426

The future price of copper: In an April '08 feasibility study, Corriente chose to $1.75 US/lb as their LOM copper price. In explaining this choice they mentioned (inter alia) " various financial and mining industry forecasts for future copper prices, which range from $1.50 to $2.00 US/lb". Their sensitivity analysis shows copper ranging between $1.23 lb, 30% below their "conservative" base rate and $2.28 US/lb (30% above) In a recent NR Credit Suisse forecast average 2009 prices of $1.75 US/lb and 2010 prices averaging $2.25 lb. Message 25330790 Has anyone info of other expected ranges of pricing ? P.S. Yes here's one form Brook Hunt that bolsters Claude's view: mineweb.co.za

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