OZL 0.00% $26.44 oz minerals limited

citigroup says copper to average 3.65 lbs 2009, page-2

  1. 807 Posts.
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    "Citigroup Inc. this week cut its 2009 copper forecast by 23 percent, saying the metal will average $3.65 a pound next year".

    Not exactly an encouraging statement given the context.
    I hope it does rally back up to $3.65, but i have lost count of the great projections/predictions/valuations by the big guys that seemingly count for nothing in moving companies share prices or commodities prices.....
    Bear markets are a bummer, but neccessary.
    Cheers

    Commy
 
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