I think we might see a consolidation of a copper price. IMO it...

I think we might see a consolidation of a copper price.

IMO it will hover at this level until those who purchased in early sell out and new long term positions are created.

$2.9 - few weeks.
Then we either attempt a hit at $3-$3.2
Or drop back down to $2.6

IMO with the US doing quite well i see the CP going up.


Its good to see a stronger copper price, especially in the situation we are in now, but as M7 has said on many occasions, it would have been preferred they didnt fk up the project in the first place. Had they not stuffed up the project we all would have likely tripped the value of our holdings. (12c IMO) would have been likely.

TGS would have been a monster at a production rate of 32,500 CP: $2.9 and AISC $1.67