Replies to post #31964 on Value Microcaps Junior Miners

[Lone Clone]

Personally, I would not be surprised to see copper drop below $2; IMO even a spike down to $1.50 is possible.

I am mostly steering clear of copper these days, other than a few PM producers with copper as a byproduct and small positions in a few explorers.

I am also still not convinced there won't be another spike down in gold too, though that is less likely.

What is working in the producers' favour right now is the rapid decrease in costs, chiefly energy but also personnel and equipment costs, but access to capital remains a big problem.

LC