CDU 0.00% 23.5¢ cudeco limited

lme copper inventories sharply lower

  1. 4,030 Posts.
    KITCO has just reported that the LME stocks of Copper have fallen VERY SHARPLY, this time by 4,000 tonnes to 276,025 tonnes.

    As any of you can see from the Kitco data, copper inventories were 470,000 toones only last October--2011.
    Clearly the current rate of copper drawn down MUST attract sharply higher copper prices than at present.

    Copper prices are rising strongly at the time our CDU is preparing to produce. There are not many shares in the world today that can offer such large prospective gains with so little risk. Conix
 
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