Yes Jumpy you missed the point again....I was discussing future copper supply and demand...
"What about gold? CDU has a gold find? What is your balanced unbiased opinion on gold prices?"
I expect Gold will go much higher from here...MUCH Higher. CDU has a gold find but so far it is no bigger than my front yard. Several years away from proving up a resouce there I expect. How many million ozs gold does Wilgar have?
Jumpy what do you expect the copper price to be in 2013/2014 when CDU starts selling the stuff. By then supply will be meeting demand...You dont have to include a China slowdown in your expectations or the unknown OW discount.
CDU Price at posting:
$3.21 Sentiment: None Disclosure: Not Held