Friday, December 08, 2017 9:38:31 PM
From Seeking Alpha today:
China’s demand for commodities jumped, as the world’s largest consumer of raw materials saw higher imports of copper, crude oil and iron ore; shipments of copper soared 42%, iron ore jumped 19%, and imports of crude oil hit 9.04M bbl/day, their second highest recorded level ever.
Traders say the import data should help support commodity prices, which have been hit by concerns about slowing economic growth in China.
Based on magnetic survey and geological data, TMBXF property adjacent to Freeport McMorans large copper mine and reserves is expected to contain significant deep copper deposits which enhance the company's value apart from their current drilling program at the stardust property which is awaiting assay results.
It seems that TMBXF may be a desirable holding to participate in a commodity rally described above.
Jacob J. Rosenblum on what every lawyer knows.
“If the facts are against you, hammer the law. If the law is against you, hammer the facts. If the fact and the law are against you, hammer opposing counsel."
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