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Gold/Mining/Energy : Copper Fox

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Underhill69
To: CUUallin who wrote (9080)1/8/2015 8:47:25 PM
From: explorationguy1 Recommendation  Read Replies (1) of 10654
 
Just analysts expressing opinions. It's the price of oil in 2017 that matters, plus materials and labour are cheaper when you're out of cycle. The two biggest risks are capex and schedule so they have an opportunity to get them under control when activity is low. Teck wants the 50 year supply of cash flow to fund their other projects so they need to have something ready for a decision in 2017.
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