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Thanks, Linsickel. I do find Kitco's charts are really helpful for up to the minute copper activity and news. I like this chart, it's telling me that something is going on. GLTA
You know, MoneyK, I don't have a particular number in mind, but I do feel that with the market interpreting Trump's win as a positive signal for infrastructure spending. This is just on projection -- wait til the building starts! This and a potential shortage of copper supply to meet increased demand sounds like a perfect storm. It's nice to dream but it's also important to manage expectations. We've all been taught that lesson more than once.
Nice to see copper prices going up steadily. It will be even nicer when our share price responds accordingly.
Copper has risen .55 cents a pound over the past 30 days. Something is up! Let's hope that the CUU share price reflects the same upward optimism. Could be an interesting week. GLTA
Dear Radagast, I think your characterization of the overall market fundamentals is correct -- or at least the way everyone else is interpreting the election, China, etc. By the way, I was just in India this summer visiting three cities. India is on the move big time and building extensively with a rapidly growing middle class. I am looking forward to sharing perspectives for those of us who have weathered the Copper Fox storm. Let's hope that we are at the end of this and that there is a satisfactory conclusion comes in the near term. Welcome back! Stockfriend
Thanks, Brad. I am going to follow up with the company when I call next. I'd like greater clarity on this. It doesn't seem quite appropriate that expenses are being accrued under Copper Fox which is arguably sitting on ice while Desert Fox wouldn't accrue any expenditures. It's a reasonable question to ask how the expenses are sequestered.