Sooner or later someone will make an offer for RXM .

Copper could reach $10 as markets gear up for ‘commodity supercycle'

As markets get ready to see a “commodity supercycle” driven by electrification over the next decade, copper will experience a bull market, going as high as $10 per lb, according to Gianni Kovacevic, Founder of LithiumBank Resources and best-selling author of My Electrician Drives a Porsche.

“We are going [into] a commodity supercycle, especially with things that feed into the future of energy,” he said. “There is an ongoing pivot to electrification. The greener and cleaner the energy that is created, transported and utilized, the more there is demand for copper… You could see copper at either $9 or $10 per pound on an inflation-adjusted basis.”

Copper, which is currently trading near $3.80 per lb, is used in electric vehicles and solar panels, as well as in wind, hydro, and geothermal units. Compared to fossil fuel and nuclear sources of energy, copper is used five times as much in renewable energy systems.

“The copper industry is going to be very helpful,” observed Kovacevic. “It’s about having the solar, wind, or other [renewable sources] creating the electricity either directly or storing it in a battery, and then using electrical transportation. That is the power of copper.”

Kovacevic spoke with David Lin, Anchor and Producer at ***** News.

We should split off Hog Ranch now , there is as Rex reported before already 1m oxide gold ounces at 1g/t with low strip ratio at Krista and Bells that could be mined whilst expanding the total Resource towards 3m plus ounces. 150,000 ounces a year project at that grade heap leached would come in at all costs of around US$1000. US$100m plus a year in free cash at current gold prices .