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mdjones54

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mdjones54

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Tuesday, 04/30/2013 1:12:59 PM

Tuesday, April 30, 2013 1:12:59 PM

Post# of 62039
Hello, long time lurker, 1st time poster. I think SIRG wll do very well considering that the situation with Kennecott mine in Utah which accounts for 25% of the copper mined in the USA is closed due to that massive landslide which happened on April 10, 2013.

http://www.wealthdaily.com/articles/damaged-copper-output/4228

http://www.deseretnews.com/article/865578331/Kennecott-landslide-impacts-global-copper-industry-Utah-economy.html

It will take awhile for this mine to get back into production. In the mean time I see SIRG as one of the few mines coming on line that will be able to capitalize on this shortfall.
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