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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (31969)	2/5/2007 3:38:01 PM
From: koan	Read Replies (2) \| Respond to of 78430

Base metals: I have a little different take on them Claude. Copper, I never invested in because I could see mining could increase supplies of that one. Zinc, I feel is seeing the remnants of the late Red Dog shipment. Red dog produces 500,000 tons a year of zinc. It seems like the LME is starting to turn around in zinc inputs? Nickel: there is still only 3,200 tons and we are seeing huge gyrations that are most likely just hedge fund activity. I cannot image where new large supplies of nickel are going to come from as most of the nickle comes form just three areas in the world. And I can see where increasingly huge demand for nickel can come from hybrid and electric cars and steel alloys. We shall see.

To: Claude Cormier who wrote (31969)	2/5/2007 3:46:27 PM
From: Condor	Read Replies (1) \| Respond to of 78430

You figure then that Uranium will do a swan dive for awhile also? C

To: Claude Cormier who wrote (31969)	2/5/2007 5:16:07 PM
From: siempre33	Read Replies (2) \| Respond to of 78430

Copper....I found this post of interest elsewhere... How China may play in the Copper Market -- AU_NB, 13:58:23 02/05/07 Mon Let's see, if you needed copper, but had a lot of fiat curriency, how would you play in the copper market? BUY LONG TERM. Bottom line, China wants copper. And it is making long term commitments to obtain copper: "Hu launches Zambian copper project POSTED: 10:53 p.m. EST, February 4, 2007 "LUSAKA, Zambia (AP) -- Chinese President Hu Jintao launched a copper mining partnership with Zambia on Sunday and won praise from Zambia's finance minister for his focus on economic investment rather than politics. Hu planned to travel on Monday to Namibia -- his fifth stop on an eight-nation African tour intended to increase Chinese investment in the continent, which is rich in natural resources although it suffers from widespread poverty. Zambian Finance Minister Ng'andu Magande told the Associated Press Hu's visit was "one of the most successful visits by a foreign head of state." Other donors, he said, have political agendas. "People come here and talk about U.N. reform and conflict zones," he said. "China has decided they will take a different route, they will take an economic route." cnn.com SELL SHORT TERM: Commericals are buying. Someone is selling. It wasn't too long ago that the copper market was in "confusion" because of the large short position amassed by a Chinese trader: "China Business Nov 17, 2005 "Copper trader throws market into confusion By David M Lenard HUA HIN, Thailand - Confusion reigned in world copper markets this week after reports emerged that a Chinese copper trader based in London, Liu Qibing, had disappeared after building gigantic short positions in the metal, said to range from 100,000 to 600,000 tons. Adding to the mystery were strenuous denials by Liu's purported employer, China's State Reserve Bureau (SRB), that Liu actually worked for the agency. Another official told a Western journalist that it was "not clear" whether such a person even existed." atimes.com When you've got the world's biggest pocket, who knows...you just might be able to move markets. Maybe Red Kite just got over-leveraged and fell victim to some of its "good" friends in the hedge industry or some other big interest in the market. Interesting thing is that Red Kite apparently was long. That's contrary to most Large Specs. Since June of 2005 (one can maybe say March, 2005), the Large Specs started to sell copper. And Commercials started buying.... all the way up. The have continued to do so during the correction. Larry Williams has said that Commercials ususally do not like to buy high, and when they do so, they are scared. He also has said that such action of the Commericals often preceeds a good move up. So, with scared Commercials and Large speculators NOT buying, rather than a bubble bursting, an explosion upward first might be in the cards.