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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (2491)1/23/2000 8:05:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 8010
 
<<Have you noticed that copper may be beginning to wake up? >>

Yep and that is happening despite the large inventories. Check the long term chart here:

metalprices.com

<<Do you research copper stocks? >>

Sure.. I check a few.. Mansfield appears to have something that could make it a big winner. Rock is also starting a drill program on a promising play. But I prefer the the gold, silvers and zinc plays. Zinx, IMO, has more potential to go up in the coming year as zinc invetories are very low vs historical levels:

metalprices.com



To: Richard Mazzarella who wrote (2491)1/23/2000 10:15:00 PM
From: goldsheet  Read Replies (2) | Respond to of 8010
 
Base metals have been on the rise since early 1999.

Aluminum has run from $1140/mt to $1730/mt
Copper: $1350 to $1887
Nickel: $3725 to $8520 (more than double !)
Zinc: $900 to $1182

goldsheet.simplenet.com



To: Richard Mazzarella who wrote (2491)1/23/2000 11:45:00 PM
From: Dan P  Read Replies (1) | Respond to of 8010
 
Richard:

There is no question that copper is on the way back. I have had shares of
First Quantum (symbol FM Toronto), for a couple of years. It has a gold mine
and an important Zambian copper mine, and has actually reported net earnings
on its low cost operations. However, they were recently awarded a privatized
major copper mine (also in Zambia), and the stock has run from C$1 to C$3.

Another stock that has significant copper as well as gold is Taseko, a
Hunter Dickinson company, that just acquired an established copper mine, with
a substantial life ahead of it. They are about to put the mine back into
production, as it was a relatively high cost base. This stock has not moved
as yet.

Anyway, there are a number of good companies within the base metals arena,
and continued upward moves in copper, and the other base metals will make
these stocks move up substantially.

Regards

Dan