Copper trending higher since the August low($3.96). Hit a higher low($4.12) in December and has been trending higher ever since. Currently $4.6765/Lb. The other factor in play is that Brent oil just hit $118/barrel. Up $18 in 2 days or you could say up 18%. Now all the mining companies use ICE machinery so every miner on the planet will have increased costs thanks to NATO. Inflation real. Doubt copper will be falling anytime soon. Should see copper push into the $5 region shortly.
why CYM is a Billion $ company in the making, page-841
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