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n4807g

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Re: gfp927z post# 27912

Wednesday, 05/03/2023 5:30:49 AM

Wednesday, May 03, 2023 5:30:49 AM

Post# of 29293
I have COPJ, TECK, FCX, SCCO, HMY, FQVLF, CPPMF, CSCCF. The trend in the industry is consolidation and expanding existing assets, before opening new mines. I see more mergers and acquisitions in the future. Look at SA....great opportunity in their KSM prospect, but even after pouring millions into development the estimated capex to open the mine is an additional 5-6 billion C$ and a multi-year development timeline. KSM will probably be developed, but acquisitions and mergers are an easier route (today) to boost capacity and profit from increasing demand.

I would selectively add to some positions if prices retrace.

If you work hard and have a skill set to match success and wealth is yours for the taking

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