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

To: tyc:> who wrote (62918)	1/18/2009 1:09:14 PM
From: tyc:>	Read Replies (1) \| Respond to of 78426

The future price of copper: In an April '08 feasibility study, Corriente chose to $1.75 US/lb as their LOM copper price. In explaining this choice they mentioned (inter alia) " various financial and mining industry forecasts for future copper prices, which range from $1.50 to $2.00 US/lb". Their sensitivity analysis shows copper ranging between $1.23 lb, 30% below their "conservative" base rate and $2.28 US/lb (30% above) In a recent NR Credit Suisse forecast average 2009 prices of $1.75 US/lb and 2010 prices averaging $2.25 lb. Message 25330790 Has anyone info of other expected ranges of pricing ? P.S. Yes here's one form Brook Hunt that bolsters Claude's view: mineweb.co.za

To: tyc:> who wrote (62918)	1/18/2009 3:32:07 PM
From: marcos	Read Replies (3) \| Respond to of 78426

For heavy-to-copper plays to get projects financed, or any amount of market attention, i think we need to see copper at least demonstrate a bottom and begin signs of a move up ... sort of coming around to Claude's view on this, though not exclusively, still holding a whack of ngd.to and have great hopes for it, since they have considerable immediate gold production upside ... even so, big payoff with New Gold will come together with Terrane, due to Cu values at New Afton and El Morro ... they and Mt Milligan are all about two-thirds copper by value, using Au/Cu prices of a year ago anyway [different now yes, but will bankers say yes your gold values went up, or will they say your copper values fell off a cliff, call us when they climb back up, hmm] Will it be Dr Copper who first shouts recovery, or Nurse Oil ... i plan to get more educated on o&g, and the ways to play them, real soon