Expert Analysis
The Gold Report Interview with Bob Moriarty (7/22/11) "Musgrove Minerals Corp.'s mine was the biggest copper producer in the United States until the Bingham Canyon in Utah came along. It has a lot of oxide copper right at the surface. . .There were some management issues with the company that had the project before Musgrove. Musgrove came in and sorted out the issues, and it's very viable today. It would be viable probably at $1.50 copper. I'm not particularly concerned about the price, because everything in life is cyclical. It takes years to develop a mine like this, so you don't care what the price of copper is on a day-to-day basis. You have to be looking at the long term."
It's all happened before and it will all happen again. Might as well profit from it.
