Hudbay Minerals Inc T.HBM

Oil price tells us …

[Swl1896]

we are in for a Major correction.  Look back at record high oil prices and they usually spike hard just before we crash equally hard.  I would say that now is the time to exit oil plays for sure and soon everything else.  Mining companies like HBM will lose 90% of their share price when the bottom is finally found.  Get some cash built up.  Unless it really is the end of the world ... the market will bounce back and HBM will go from $1 to $10 again.

[CanadianAnimal]

We may be in for a correction but Im not so sure about mining stocks headed too far down. I will explain why. I live in the middle of chemical valley just south of Sarnia Ontario Canada where Im surrounded with refineries. Most people in my area are discussing purchasing at least one electric vehicle for their household. Also Im building a new home right now and Canadian Building code states that

[llihevad1]

Hudbay has been beaten down historically due to  the long lead time needed to increase mine production. This is completed and if metal prices stay elevate they will start showing some significant cash flow and EBIT increases over the coming quarters. The copper world PEA should be out soon and with it there will be more clarity on the expected returns from finally turning the Arizona 

[Swl1896]

I get all of the positives.  That's why I hold HBM.  However, the crash is coming.  Mining stocks are usually the hardest hit (baby with the bath water).  Look back at LUN...2008...went from $15.35 to $0.76 in a heartbeat.

[Ridgeback]

CanadianAnimal We may be in for a correction but Im not so sure about mining stocks headed too far down. I will explain why. I live in the middle of chemical valley just south of Sarnia Ontario Canada where Im surrounded with refineries. Most people in my area are discussing purchasing at least one electric vehicle for their household. Also Im building a new home right now and Canadian Building

[1234bmth]

The price of a house on average may have jumped 6 times within 10 to 15 years, but people can still afford it and buying houses in a accelerated rate, people will adjust to inflation due to high gas prices which is only doubled in 10 to 15 years. So far the economy looks strong and job market is hot, people are making money to off set the inflation.

[CanadianAnimal]

Hi Ridgeback. I completely agree with you on the pipelines hands down. People are waiting 2 years here for an F250-F350 order. Sure they arent happy about it but it is what it is. I havent been out east yet. I wanted to two years ago and road trip with my oldest daughter but she wanted to stay home with her new boyfriend. Go figure. I know people in my area and in Northern Ontario (mining Belt

[Ridgeback]

Hi CA. My daughter who lives in Northern Ontario and I also live here but invest accross Canada. She sold her large truck for a small vehicle as she could not afford to drive it to work costing $200 plus per week. Her better half has trucks for his business and the cost to operate the vehicles has risen to $1000 per week plus masssive increases in materials if one can get them. So my last off