Copper price to surge to record high this year, Trafigura forecasts
Since I don't know if the link works, you'll have to search Google with this headline. Interesting article (free) from the FT.
Anyone and everyone can have a different opinion for all I care. Even a double backflip will not stop me from saying that in a rising copper price scenario, all the groundwork done by HMX will bear fruit sooner or later. The math will simply add up sooner or later. Large deposits will not be found - but they would be needed to meet demand. Smaller and medium-sized deposits still need a somewhat higher copper price to become really attractive. Sooner or later, however, pure (financial) mathematics will prevail. So if HMX - as I have often written - moves towards developer and possibly a strong partner comes on board - this thing is certainly worth several times what it is worth today. So I continue to feel comfortable with HMX - even if others here see it differently. DYOR
My key take aways:
HMX Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
