There was a post on RB that someone had called IR. Said they were in full production and should be selling first batch of concentrate soon. Waiting for PR.
Record high copper prices, inventories declining steadily all year. Classic crunch. Copper closed at 1.4848. Chinese are back buying. Their construction boom, commercial, industrial and consumer needs copper wire. They are investing many billions into their power grid. They need power and the grid and the wiring inside of new structures. That means copper.
Rebuilding in Florida, power lines, housing, needs copper for wiring as well as plumbing.
This rally is coming at a perfect time for TGB to start production. Molybdenum is at record prices. Everything is gathering for the "PERFECT STORM"!
TGB is in the right place at the right time. I have seen forecasts that say new production won't ramp up for a couple of years. Prices should stay up for 2005& 2006. Bobwins
Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.
If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
