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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?

To: louel who wrote (10387)	11/20/2016 8:48:33 AM
From: mudguy	2 Recommendations Recommended By dsikorsk louel Read Replies (1) \| Respond to of 10654

Your calculations are correct. These are basically untested for any length of time in service, especially in a sub-arctic setting. It makes me wonder how advantageous these really would be compared to land trains and conventional aircraft for personnel. It reminds me a bit of an iron development I was invested in further north that was going to bring the power infrastructure on a barge from Korea. Great idea and innovative, but they never convinced anyone they could do it. A good week for markets, looking over things this morning. IVN had news that they were transferring 15% of the Kamoa project to the DR Congo. This is key news as this has been under negotiation for several years and is basically the main approval from the gov't there. They now own 20% so the mine will get built. This is de facto permitting and social licence in DRC. NCA chart continues to decline along with many golds. I am glad I stuck to my guns and sat out until I saw a signal to buy from the chart. I thought it was a bit overheated and will be looking to find an entry point. Permitted mine with growing resource and existing infrastructure and plant. MIN continues to slowly climb to new highs. They have cash for the next year or so, feasibility coming out by year end and permitting expected first half of 2017. i think feasibility will demonstrate stellar economics with the purchased plant but permitting will be a the sp catalyst. Bought a half position of NOT at under 26 cents and cautiously waiting for the next spike. The chart is full of them, much like CUU. I have almost no hope the gov'ts will make the road happen quickly as they re now engaged in the long process of first nation consultation. This is needed to make it happen, but there are a lot of issues that will emerge during that process and almost none have to do with mining. I'm going to trade in the meantime but hope to get lucky when news comes at some stage. CUU nothing new going on, but we saw another spike that was worth a modest gain. The envelope is closing it would seem as the prospects diminish, so this trading strategy is less profitable each time. Even the SH board seems to have faded to nothing. FEO delays on the decision for Chinese partners to commit. Brought in SNC Lavelin which is a smart political move in Quebec. I would imagine they are gearing for Provincial support under Plan Nord much like NML and other have received. The board is very well connected politically. Politics aside, lots of talk about reflation and infrastructure spending, and the bond market seems to believe it. It could be very good for commodities and might be enough to jump Cu out of its funk. We might be on the verge of a cyclical upturn over the next few years. Interesting times.