InvestorsHub Logo

LCP77

04/22/17 7:36 PM

#504 RE: Milkman41 #503

Fair enough although there were a few brighter news items out this week. My case for copper has consistently been for beyond 2017. The rally this year, while anemic, was a welcome surprise for me. It was a year early which nicely coincides with Excelsior's anticipated 2018 production time line. Huge discount to NPV. Very low cap ex. Industry wide low op ex. Smart money institutions own about 60% with more sniffing.

http://www.mining.com/web/infographic-the-looming-copper-supply-crunch/