RE:RE:Another 52 Week High for Coppernofluff wrote: I do not think that necessary quin. With copper price, lots of cash coming in. There is a trillion in short loss at this point. That will get much larger as they try to cover. Govs. Will have to step in and loan cash to cover.
Hard to believe anyone in the copper business would need rescuing. Greed does that.
Happy guessing:))
Nf
They are not at nameplate yet, some investors are likely waiting for this milestone to be secured prior to adding to their positions.
Pala could come through with the resources needed to make this happen however their safest move would be to have multiple pathways to success by at least exploring a supply agreement in the event that Pala can't provide everything needed.
It's my own view / opinion. What is actually being worked out behind closed doors is anyone's guess.
Regardless of how we view things the rising spot price is nothing but positives for copper plays
JMHO