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Bullboard - Stock Discussion Forum Excelsior Mining Corp T.MIN

Alternate Symbol(s):  EXMGF

Excelsior Mining Corp. is a Canada-based mineral exploration and production company. The Company owns and operates the Gunnison Copper Project in Cochise County, Arizona. The Gunnison Copper Project is an in-situ recovery copper extraction project that is permitted to produce approximately 125 million pounds per year of copper cathode production. The Company also owns the past producing Johnson... see more

TSX:MIN - Post Discussion

Excelsior Mining Corp > Copper Price prediction
View:
Post by Streicher on May 05, 2021 8:33am

Copper Price prediction

Copper has been predicted to hit $15,000 per tonne by analysts at Goldman Sachs, up from its current level of around $9,700, as demand soars and supply fails to catch up, with the metal reaching a 10-year high on 26 April.

In a report titled ‘Copper is the new oil’, the Goldman analysts say there is ‘no decarbonization without copper’ and add that they expect demand to increase by up to 900% to 8.7 million tons by 2030 if there is widespread use of renewable energy and electric vehicles.

 
Comment by Mikemike on May 05, 2021 12:20pm
Buy buy buy, haha maybe they could exchance their acid pipe for a blockchain, that might help
Comment by Streicher on May 05, 2021 4:42pm
Mark Twain must of had you in mind when he wrote “it is better to remain silent and be thought a fool than to talk and remove all doubt.”
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