RE:Copper price Good morning Mukulu20, thanks for your share.
High copper prices are always good news for the intrinsic value of Nevada Copper Corp and other miners, but the SP will only increase when/if there's more buying than selling / shorting. After seeing how this SP has been on a steady decline for the last 3 years, I wonder how an actual / appropriate value will be established with most retail possibly being uninterested given the history... There will be an acquisition or buyout at some point, I’m sure of it.
"It is widely agreed that excessive short sale activity can cause sudden price declines, which can undermine investor confidence, depress the market value of a company's shares and make it more difficult for that company to raise capital, expand and create jobs."