A lot of ducks have lined up in the past 2 weeks1 Copper price...

A lot of ducks have lined up in the past 2 weeks

1 Copper price consolidating above 2.75 plb

2 LME stocks holding

3 USA housing starts finally on the increase which will add to Cu demand

4 China's growth higher than predicted

5 China seeing Cu as a safer investment to US $

6 Nevada Copper hotting up Last night up 0.19 to 1.52
They have made their res upgrade available on Cedar see www.sedar.com
Ive been studying the Nevada Copper website
Under the investor link there is an outstanding presentation dated July 2009
a Big bold optimistic presentation in the style of RXM
Page 45 is very exciting as it shows operating costs of $1.02-1.24 p lb net of byproduct credits
PMH should have a similar cost structure making Anne Mason a no brainer

7 For the first time all year the sellers arent rushing in to swamp buyers. Some bigger sellers have been sitting
patiently at 0.13-0.20 for over a week

8 More drilling results and info about the plans for Sentinel are due over the next month or so

8 Appetite for juniors has been improving over the last 3-6 months
PMH got a lift to 0.16 earlier but one or perhaps two
large sellers moved in agressively.
So PMH has been left behind in the reratings
If there are no more substantial sellers I predict well see a sharp push higher in the next few weeks