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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: Fungi who wrote (171)7/31/1998 8:39:00 AM
From: Don Rohner  Respond to of 1996
 
Sorry:
It will have no effect on copper price! No enough used to effect even the third decimal place over.
DR



To: Fungi who wrote (171)7/31/1998 8:41:00 AM
From: the Chief  Read Replies (1) | Respond to of 1996
 
Hi Gavin. I am aware of the process and believe it will have no impact on copper. IMHO When you consider that millions of tonnes are consumed every year for everything else in the world, the resultant addition of this technology would likely not influence even .01 of 1% of world supply!

Financial post and TD analysts foresee a slow recovery of base metals and inparticular copper. IMO Copper will be trading at .87c by next summer. Chilean copper mines normal recovery cost per pound is .47c-.55c making profit margins "highly acceptable"!!

the Chief