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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (9826)	11/13/2007 11:14:52 PM
From: SwampDogg	Read Replies (1) \| Respond to of 29622

That is what charts are for:)

To: Claude Cormier who wrote (9826)	11/14/2007 12:45:03 AM
From: jimsioi	Respond to of 29622

Claude - $6 copper in 2008....??? First inventories are going to have to STOP rising as they have in all base metals...I don't know what the mysteries there are surrounding the inventory swap games played, but price is certainly acting inverse to inventories with respect to zinc and copper, particularly. It seems to me that for price of copper to rise there need's to develop an excess of demand over current supply to turn this ship around.... Probably a seasonal thing; can't discount the emerging market's increasing need for base metals, we hear enough about it, but right now one is not seeing rising demand reflected in price or inventories....It's rather the contrarians game being over weight the base and even uranium group, here....I have been but have reduced, limiting holding to what I consider the best ....ML.to for its molybdenum production coming on line in 2008, too bad they've become an acquirer; CS.to for its expanding base metal production, UEX.to for its vast high grade resources and partnerships, and PDN.to as a producer....URRE also holds promise in the uranium space... kitcometals.com Copper may go to $6 or any number you want to pick out of the air, whatever your chart tells you...but right now it's direction is toward $3, hardly bullish short term for base metal miners given operational cost increases and currency issues...