I was emailed a report today out of the US predicting coppoer...

I was emailed a report today out of the US predicting coppoer price would rally over 2nd half of 2011. Rationale included buy calls from US investment banks such Goldmans, expected restocking by Chinese factories and lower supply as existing mines output falls..

Fact is while Chinese manufacturing has slowed, it's ecomony still 9.7% in qtr1 2011 from a year ago. If a Western country showed that growth its central bank would go beserk with interest rate hikes, yet we panic that China is slowing too much. Obviously I'm one of the few that thinks this is weird.

MGO may yet hit a sweet spot with its projected production start in 2014. Assuming construction issues are resolved, especially tailings desposal, MGO has the potential, IMO, to be a mult-dollar stock.

Chawkey
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It is not the destination we reach that is most rewarding. It is the journey along the way.