Well at least one thing seems to be going CNBs way - the copper price has been trending downward since peaking in January, and this week has broken upwards through that downtrend line. Let's see if it can reclaim $4/lb and settle above there somewhere - as we await the anticipated mid-decade copper shortfall.
CNB's recovery to above $1 at the end of 2022 / early 2023 followed the Cu price upwards movement from $3.4 to $4.2/lb. Over the past 6 weeks the Cu price has shot up from $3.5 to $3.9/lb.
Ann: Greater Duchess Chalcus Lode Extension 87m @ 2.3% Cu, page-112
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