Mkts in Europe only been open a couple of hours. Graph for Cu heading south pretty damn smartly. Pb and Zn also looking sick. If Al follows Cu then BHP should consider pulling their bid for RIO. We could be on the bverge of a major pull back in base metal prices. If so.... then (unfortunately) many small and mid-cap miners will fold. August could be a very hairy ride.
http://www.kitcometals.com/
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