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Alias Born | 04/26/2010 |
Monday, September 19, 2016 11:58:34 AM
best to be poor, pay no taxes and recreate and populate and let others worry and fear the hordes.
copper's shortage in just 3 years, and then getting far worse in the next decade.
Chinese want to lock up the greatest copper discovery in the last two generations, which is Kamoa and Kakula. They think long term. They also have a 2 million man army, with another 15 (or even 30 million in a pinch) million easily resourced. These are staggering numbers.
I expect a bidding war here at some point. If china wins, so be it, provided we are at double digits for these two deposits. America, a center of corruption, debt and far worse, is being beaten in every way imaginable globally, while collapsing internally. It just takes time to stop a supertanker.
prediction: Ivanhoe share price between 2 and 2.5 u.s. by dec 31, but all bets are off if the offers begin....obviously
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