Yes Jumpy you missed the point again....I was discussing future copper supply and demand...
"What about gold? CDU has a gold find? What is your balanced unbiased opinion on gold prices?"
I expect Gold will go much higher from here...MUCH Higher.
CDU has a gold find but so far it is no bigger than my front yard. Several years away from proving up a resouce there I expect. How many million ozs gold does Wilgar have?
Jumpy what do you expect the copper price to be in 2013/2014 when CDU starts selling the stuff. By then supply will be meeting demand...You dont have to include a China slowdown in your expectations or the unknown OW discount.
30.3 mt @ 1.70% cueq, page-182
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