Thanks for the articlew Maze - I like the following
Peter Koven, Financial Post ? Friday, Feb. 18, 2011
"With copper trading at unprecedented highs, the question is being asked: isn?t there anything cheaper we can replace this stuff with?
The answer, according to experts, is not much, and not easily.
Since bottoming out in early 2009, the price of copper has nearly quadrupled, driven by strong demand from emerging markets, shrinking inventories and lack of new supply. The metal, which traded around US70? a pound through the 1990s, is now worth about US$4.50 and hit a new record earlier this week. When priced in tonnes, it recently passed the landmark level of US$10,000."
MNC Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
