copper stock, page-24

  1. 9,382 Posts.
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    roh,

    I regularly look at the kitco website for the stock levels and current price of Cu.

    The price of copper is holding up very well, and maybe starting to react to the lowering of stock levels. I have a price of US$3.45/lb as the sign of the start of next bull market in Cu.

    In the US futures market, Dec copper was as high as $3.29 last night after settling at $3.27.

    What needs to be remembered is that CDU will make plenty of cash at current prices, rises in the price of Cu will just be icing on the cake.
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