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Wednesday, 05/29/2024 5:45:29 PM

Wednesday, May 29, 2024 5:45:29 PM

Post# of 122
Having risen almost 20% this year to reach a record $11,000per tonne, copper has made a name for itself as a hot commodity with former Goldman Sachs executive Jeff Currie saying it's "the most compelling trade I have ever seen in my 30-plus years of doing this."

Similarly, hedge fund manager Pierre Andurand is predicting that copper prices could surge to $40,000 over the next four or so years (Source: https://www.mining.com/copper-prices-could-surge-to-40000-predicts-hedge-fund-manager-pierre-andurand/)

Meanwhile, Abitibi Metals (AMQ.c AMQFF) has continually been releasing high-grade results from its maiden drill program at the B26 deposit, most recently announcing 57.2m at 1.78% CuEq in extensional drilling including 13.1m at 3.1% CuEq: