RE:RE:Heading to under 10 cents again?Well said Bog.
bogfit wrote: I can understand how someone might arrive at that possibility, but only under copper prices substantially lower than today. You must not misunderstand the current volatility in currency markets due to exceptional bond yields for wavering of demand for basic materials. If you are indeed forecasting $3lb. then that scenario demands other negative outcomes such as virus resurgence, global depression, etc.
Other than a catastrophe I do not see any possibility that NCU would LIKELY lose another 50% of its market price as the mine shakes out and makes production.
Could it happen? Always possible. A rock fall would do it! Maybe an earthquake trapping miners underground? What other negative thoughts can we entertain on an otherwise bummer day? Is it likely? Hell, no. And is just a dirty trick by a total jerk to even mention.
May the Bird of Paradise fly up your nose, buthead.
b.