Copper Price, page-104

The week is off to a really good start. A lot of volume and movement and the SP is drowning. No news.

What might that mean?

Maybe the CNB deal is delayed or there are problems - and someone already knows about it. The upcoming drilling results from the JV - especially Shadow South are absolutely disappointing (no IOCG and no sign of it....).

In the past the ship has always been tight and Dan has taken great care to ensure that no information is leaked. That's why today's (unprovoked?) SP collapse surprises me.

I did load up a few more pieces at 4c (as planned) - but I have some doubts as to whether that was a good idea in the short term. The ask/bid pattern has changed.

Chart looks like shi*. The only positive thing is that we have closed the gap around 4c.

And that's all. So - either someone knows more or someone has deliberately beaten down the SP (as so often before) in order to trigger panic and be able to buy cheaply again shortly before the announcement of important results.

Well - have a good week anyway - there is sure to be a surprise.....negative or positive.