Copper Fox Metals Inc.

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM Copper Fox Metals is a Canadian-based resource company focused on developing the world-class Schaft Creek Project in northwestern British Columbia.

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Re: Volume up

over 7 years ago

in response to MoneyK's message

That is nice to see the copper pricee increases, it is also nice to see our stock hit 0.16 - the highest it has been for awhile.

Re: Copper is Flying!

In the article: http://www.mining.com/us-demand-growth-push-copper-market-deficit/

It states: Cochilco said it projected average copper prices of $2.40 per pound in 2017, up from its prior estimate of $2.20, citing expectations that proposed increased fiscal spending in the US will boost demand for the metal widely used in construction and manufacturing. Prices should improve further to average $2.50 per pound in 2018. The copper price averaged $2.21 in 2016.

I'm convinced that these guys (just the largest copper producer in world) have no idea what the copper price will be either. They are always adjusting their projections based on how the copper price has actually changed. I'm not saying that they will not be right but copper must be currently averaging around $2.55 per pound in 2017 which is quite a higer than the $2.40.