Lion Copper & Gold Corp. (LCGMF): QTRRF Breakout Ahead as Copper Rallies ?...

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ComstockRoyalty

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ComstockRoyalty

Re: GoldMineTrooper post# 126

Tuesday, 08/22/2017 4:29:20 PM

Tuesday, August 22, 2017 4:29:20 PM

QTRRF Breakout Ahead as Copper Rallies ??Good Luck! 8.22.2017

Copper prices hit a fresh three-year high on the news, which together with other companies positive results, buoyed sentiment towards the sector. The industrial metal also found support from robust gains in steel material prices in China.

London copper rose to $6,642.50 a tonne in London, the highest since Nov 2014, before trading at $6,622 a tonne by 03:12AM ET, a 0.6% gain. Copper had already jumped 1.5% in the previous session, spurred partly by troubles at Freeport's copper mine in Indonesia and large-scale speculators positioning themselves for a continued run in prices.
http://www.mining.com/copper-price-rallies-grasberg-violence/

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