AVB 0.00% 16.5¢ avanco resources limited

avb in 12-15 months ? No crystal ball here, but copper stocks at...

  1. 1,470 Posts.
    lightbulb Created with Sketch. 33
    avb in 12-15 months ? No crystal ball here, but copper stocks at the LME are approaching tipping point where we could really see the price hit all time highs very soon. That would likley drag all Cu producing shares higher. AVB aint producin as we all know, but if the production pathway becomes clearer as Copper moves, then who knows.

    The stock supply graphs at the link below are worth a look. Of course, journos keep banging on about artificial buying due to Yuan carry trade and the impending drop etc etc. That is why the are journos - it is not logical - why would carry traders put themselves in that position and why would the trading house start grabbing stockpiles ? Because they know there is a supply crunch coming IMO

    http://www.kitcometals.com/charts/copper_historical.html
 
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.