SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Copper - analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: goldsnow who wrote (19)3/8/1998 6:47:00 PM
From: Ron Everest  Read Replies (1) of 2131
 
Thanks for the news. It would seem that if Russia, China and possibly other countries with deficient Hydro and Telephone infastructures can pick up economically then the use of CU will rise dramatically. They will want to increasingly infill their telephone and hydro infastructure. Also, consumers will want to participate in modern times, internet and all. With the lower prices many CU mines are shutting down. This could mean that for an extended time low cost procucers will keep the supply coming at lower yields. With new finding methods costs to find mines is dropping, thus, we may be seeing a new paridigm for CU and many other metals. The winners will be the lower cost producers, in time.

Graph of approx one month's CU and NI prices:

nickelalloy.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext