whoa

I've just witnessed the biggest move up in a Commodity I have ever seen.

Copper was sitting quietly at $3.85 pp and as soon as the US came it started up. Once breaching $4.00 it just went vertical to top out at $4.25. It's currently back at $4.05 but I think that gives an indication to the state of the market.

I thought it was heading to $4.50-$5.00, just not in one night LOL

Happy days for companies that either do produce or about to in a year or 2. This makes the valuation of CSE (provided they can lock some in at these levels) much much higher than current price. Valuation models would need to start anticipating a higher Copper price and that will drive Analysts/ Funds to look at these companies.