One way or another, electric cars will gain traction good or bad and you need a lot of copper for the windings and it even effected the engine design for the German King Tiger tank in WW2. The petrol electric idea was scrapped as they knew they would need a heap of cooper which they not going to have so went with the regular engine design. Point being big diff between a reg engine block and a electric motor with so much copper. So will Hillgrove in ten years enjoy very high copper prices? Once those electric cars improve, we wont be going back. Up to now, theres lots problems but they will be made practical if not almost there now.
Of course hydrogen cars or other could be it , so what i predict wont happen, but wide spread use is tricky so electric will only grow even if H and other designs come on market.
Those large exploration areas to the SE from Kamanto may just about match up with the boom?
So we have to wait, but in the future ,Hillgrove and others maybe be dollars SP instead of really about adjusted to 2c now if we had a few billion shares on the registry. So 2c for 160 million a year in REV currently? adjusted The future should be rosy for copper, but we need a BIG boost in demand
HGO Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
The future should be rosy for copper, but we need a BIG boost in demand
