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Gold/Mining/Energy : Copper - analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert Douglas who wrote (193)9/25/2000 1:47:42 PM
From: Stephen O  Read Replies (1) | Respond to of 2131
 
Ian McAvity in his DELIBERATIONS dated sep 20, 2000 writes
"The most exciting chart is COPPER, with new acceleration coming in to ratify a substantial breakout above 90 cents - $1900/mt on LME. It may carry to $1.20 in the months ahead unless $50 oil shuts down the global economy this winter."

As regards energy costs of production I really like First Quantum as the bulk of their energy use is hydro electric power from the Kariba dam.