DML
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0.00% 1.9¢ discovery metals limited

copper demand

  1. bender67
    349 Posts.
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    03/05/11
    00:40
    Post #: 8343157
    just listened to an analyst on CNBC from Barclays capital saying that price of copper has softned as china destocks at the moment, not a drop in demand. He called copper at $13,000 per tonne in the 4th quarter.... with silver at $40+ Bring it on.. Now would you hedge some prodcution at those rates? i'd be happy for some hedging at those numbers...
    DML Price at posting: $1.24 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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