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Re: CMoonDD post# 3304

Monday, 04/18/2022 11:33:23 AM

Monday, April 18, 2022 11:33:23 AM

Post# of 3591
I don't know how to predict recessions but I do think copper prices are going to remain high, it's a supply/demand issue that isn't going away. Commodities tend to be cyclical over long time frames and the cycle is upwards and I think likely to stay that way.

There are risks with this but the asset is a good one and the management... well they are not world class but they are not awful either. I'd say if you feel that worried maybe you should sell so you can get some peace of mind. Risk is what it is. I think the worst case is some major in need of copper will buy this for a song and we'll be made whole but not wealthy. Best case is they get the issue resolved and produce copper but as I said, it's another long wait which pisses me off and I'm sure you too. GL to you.