Our land holding are becoming more attractive by the day. Yes, get the consolidation out of the way but the main game is copper and the deficit is increasing with no solution in sight. $6 per pound is the near term target but you need price to bring metal, investment etc into the market.
Shorts are feeling the heat so lets see. $8 a pound is not a stretch in the medium term. All copper stocks will ride this
https://www.reuters.com/markets/commodities/trafigura-ixm-caught-comex-copper-short-squeeze-prices-hit-record-2024-05-15/
LONDON/BEIJING, May 15 (Reuters) - Commodity traders Trafigura and IXM are looking to buy physical copper to deliver against large short positions on U.S. exchange CME where copper prices soared to record highs on Wednesday, five sources with direct knowledge of the matter said.
Our land holding are becoming more attractive by the day. Yes,...
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