There's nothing like a good shakeout unless you're on the receiving end.
For those long term on HGO and feel confident where it's going, this is but an opportunity to get your fill. I've added ~50% to my portfolio and lucky to have been able to.
Copper is going through it's too fast too furious stage and there will always be those wanting/needing to capitalize through shorting or hedging their positions. If the forecasts (macro) and data (this ann) is correct then, I'm comfortable with my position though I know the short term road will be bumpy.
BHP wanting to increase their copper portfolio and prepared to pay >$70M to become the largest copper producer is an indication of what the pro's think right now.
Good luck to all. Time for another whiskey
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