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Gold/Mining/Energy : Copper Fox
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To: louel who wrote (9613)7/28/2015 10:39:34 AM
From: Metacomet1 Recommendation

Recommended By
biggerbob68

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..had a long response that I lost

Fort Hills/Teck must overcome

competitive cost to produce..Saudi's will meet any market clearing price, cause they know this will be their last chance to sell the stuff..world is in the process of weaning itself from hydrocarbons

Saudi's are smart enough to see this if Teck isn't

cost to ship and handle/process diluent

where to ship...landlocked unless 1st Nations agree to an ocean path...and so far they have been adamant in their opposition

forget Keystone...US ain't going to permit it..unless the weather changes

..besides American producers will also be in opposition as they can directly influence that source of competition

Hoping that Teck turns a profit on Ft Hills is even more far fetched than our hoping to make a buck on Copper Fox

..there will still be a need for copper in a post carbon fuel world
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