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Ann: Nifty Copper Operations Update, page-134

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elari

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12/11/19

17:29

Post #: 41383753
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Originally posted by samkeil ↑

The trade deal is all based around trumps re-election 2020. It could come now, but it will most likely come at the time which is most beneficial to Trump (anyone's guess). If the election for 2020 is November next year. My guess for a trade deal could come now up until April or May next year. After that it would risk not coming at all and Trump changing tactics to say that China is supporting his democratic adversary. Either way strong support for copper in the long run irregardless of outcome as it is a key component of things that will help humans survive. I am just waiting on this stock no rush. we have time and provided by march quarter we have production up that should reduce downside risk. If we have production up, China deal and copper prices return then we can hopefully see a trifecta of good news. But if China plays tough and wants to muscle Trump then it may take a lot longer to get prices up to where they could be.

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Nail on the head mate. It's his re-election insurance.

MLX Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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