Clear Focus to Mine, page-21

Hi Sarg,

I also read that article. In addition to that there are other analysts who are now having second thoughts re: coppers demand / supply situation. Due to the very uncertain economic outlook in China. The worlds biggest copper consumer.

Their reasoning is that due to China's problem plagued property & building sector that a large chunk of coppers forward demand is essentially now in doubt.

There is no doubt however that prices are going to move higher. The lack of new Cu supply coming online will see to that.