RE:RE:RE:RE:CCO is doing the right thingI get that but how does this help explorers? CCO CEO was on today, "NO compelling reason at all for us to to even invest a dime in any new production" So try again, how is this bullish for explorers when producers can just turn on supply again?
Greenday wrote: @ BCSilver - You've missed the crux of story. CCO's legacy contracts are reaching their expiration date and CCO has signaled that it won't be writing new contracts at current prices. Utilities will have to either have to pay more to do business with CCO or find a producer willing to sell at a loss.