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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: Breccia who wrote (7570)1/11/2010 1:16:51 AM
From: marcos  Read Replies (1) | Respond to of 8273
 
They won't be in production this decade no, however the next decade begins in eleven and a half months - Message 26212825

-ggg- ... copper could tank and scotch the project, LME stocks are climbing way back up, price chart looks still constructive however those chinese you mention are reported to be stashing it away, if they were to stop and/or reverse flow for a bit, look out below

Still, look how strong the Mt Milligan numbers are at 2.00 Cu ... as for personnel, Pease et al are perfectly capable of hiring a crew

One reason to delay a bit - to negotiate favourable treatment from the crown provincial ... if there was much infrastructure involved this would be a strong reason, however there isn't, the project is fairly straightforward

... we shall see ... i'm still thinking this one out, haven't asked around yet at all ... holding twice as much mla.v as trx.v, and even that's a smallish position