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


To: Valuepro who wrote (62937)1/19/2009 8:33:45 PM
From: tyc:>  Respond to of 78426
 
Thanks

I note from the bear:

"However, while 2009 is set to be "a pretty dismal year, prices will recover," he added"

I give a lot of consideration to CC's forecast of .80c to explain the poor performance of a stock. I do not think he is forecasting this as a long term price of copper, but rather the extreme low it might reach near term. It seems to me it would not be appropriate to fear any stock because of such a consideration. Indeed, why that stock and not, say NGD?

I note also from the Bloomberg/China story:

``Copper prices are stronger than other metals, but if demand gets worse, they may decline,'' she said. Prices are ``attractive,'' said Jiangxi's Wang.

"prices are attractive".... why do we consider low prices to be unattractive ? lol