SMM 0.00% 0.4¢ somerset minerals limited

buying back, page-8

  1. 1,879 Posts.
    Harcourt

    You're dead wrong. Copper is used in infrastructure and electronics (the stock pile is low and also after the earth quake in China, the demand of copper will be in a large quantity to rebuild destructions). As such copper price will go up and TMR share price also will move forward.
    Facts:
    Copper is mostly used in electrical generators and motors, for electrical wiring, and in electronic goods. Copper also conducts heat well, so it is used in motor vehicle radiators, air-conditioners and home heating systems. Because copper does not corrode easily, it is used a lot for water pipes.

    Cheers NJ
 
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