it may but im betting once trump realizes he cant win a trade war with china it will rebound. Supply limitations are being obscured by political forces. policy is temporary shortages are not.
at any rate those looking to get new supply are looking at copper prices 5 years out at a minimum.
Oroco is trading at a sub penny valuation. RBC values copper at 3 cents in the ground. For that valuation Oroco will be 1.70 currently only .44
there is still ample opportunity to make money here.
it may but im betting once trump realizes he cant win a trade...
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$2.71 |
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| Open | High | Low |
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| COPPER (LME) Chart |
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