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To: Goose94 who wrote (48)3/4/2013 3:50:07 PM
From: Goose94Respond to of 202988
 
Copper: Paul Benjamin of research and consulting firm Wood Mackenzie sees 5 million metric tons of copper production capacity coming onstream between now and 2017, creating a surplus. However, he feels a supply gap will open up again after 2017 and forecasts that 6.2 million tons of new production capacity will be needed by 2022. “Once the glut of new projects come online, the prospects for copper prices are generally good,” he said.



To: Goose94 who wrote (48)4/26/2013 5:57:16 PM
From: Goose94Read Replies (1) | Respond to of 202988
 
NovaCopper (NCQ-T) had $18.7-million in cash and cash equivalents, and working capital of $16.8-million (as of Feb 28, 2013).



To: Goose94 who wrote (48)8/18/2013 1:20:29 PM
From: Goose94Respond to of 202988
 
NCQ-T holding it's own. $15 million cash (as of May 31, 2013)