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 -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (1232)6/9/2005 11:40:49 AM
From: Robert Douglas  Respond to of 2131
 
Prices for copper will probably fall to between 95 cents and $1 a pound in 2007 and 2008 as mining companies boost production, said Juan Villarzu, president and chief executive of Codelco, at a news conference in Santiago yesterday.

Which is his way of telling other producers not to expand while Codelco invests $17 billion.



To: Stephen O who wrote (1232)6/9/2005 11:53:36 AM
From: Fishfinder  Read Replies (1) | Respond to of 2131
 
Every day is a different story.
Every click of the mouse provides a different outlook.
On Monday copper is in short supply on Wed.---
its copper , copper every were.
OIL---- same thing.
Greenspan---- same thing.

I think the big boys on the inside are making huge money trading these ever more frequent announcements.

On another note.
I'd have to say that investing in copper mines this past year has been the most frustrating period in my 12 year investing history.
When copper was at a buck TKO reached $3.00.
NNO was over $4.
The spring is definitely coiled.

Scott