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Gold/Mining/Energy : Copper Fox

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To: specboy2012 who wrote (10397)12/14/2016 12:46:43 AM
From: louel  Read Replies (1) of 10654
 
We're on much the same page CCO is to Uranium like Teck is to copper and coal. If there is going to be a rally in the Uranium market it is a pretty safe bet Cameco will participate in it. Like Teck will be one of the leaders.


I'm certainly disappointed in AVL which I picked up a small bit of some time ago. They have a pretty good basket and I thought the market would respond. But perhaps they have to many irons in the fire. Secondly Canada's average time lines are so slow. averaging 18 years from discovery to production. They applied for some permits close to a year and a half ago. To my knowledge they are still waiting.

Listening to Trump when asked about the Keystone. It would not surprise me to see hefty government levies attached to every liter of oil that flows through the line for him to give it the go ahead. When asked if he would approve it he said the answer to whether or not it gets approval and conditions if it was, would be announced shortly after he takes office.

Canadian oil industry stocks are rising on expectations. But Trump has said time and time again. Any negotiations or deals while he's in office, Must be benefit the US. Rick Perry Governor of Texas the oil state, Is to have the Energy portfolio.
So I'm a little cautious on anything that depends on the US till we see what happens. Specifically lumber and oil. Bans are to be lifted on Fracking.
Corporate taxes lowered, regulations reduced in the US while Trudeau applies more regulation and higher fees and run up the debt.
Doesn't seem like it is much of a remedy to attract more businesses in my view.

I hear a rumor GOM has some copper they may make a statement on shortly. Optimum word Rumor.
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