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


To: marcos who wrote (56442)2/12/2008 6:33:22 PM
From: E. Charters  Respond to of 78421
 
you need half and half, with +500 M tonnes to create excitement.

Half and half is 10 lbs copper = 33 bucks and 13.54 gold. (0.5 grams AU.) All that is per short ton. Add 10% for metric tonnes.

Markets move on notable and quotable. SO SO is not a market mover instanter. Over time things like Detour and Kodiak "sneak".
Lower grade thingies like Galore and Kemmess north need friendly power, i.e. BC type rates, or hugie tonnage.

I think gold will do a 6 months sneak. That is where my money is short term.

I believe copper and base metals will do a one year sneak as it becomes retrospectively transparent what pressures were on them to deliver. You don't get 150 billion dollar mergers without there being demand that some biggies think they need to be bigger to fill.

EC<:-}