yeah i agree, i guess you have to take a view on longer term copper price. look on kitco website. inventories over the last 5 years seem to turn at this point and at the same time so does prices. hopefully this holds true. i think baseing a valuation upon a $1.5 price is baseline however longer term $2 is more realistic unless china shuts down permanently.
good quaterly, page-5
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)