TSX:TECK.A - Post by User
Comment by
SACKS1on Jul 06, 2016 7:17pm
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Post# 25029648
RE:RE:Copper down..
RE:RE:Copper down..If oil goes back to 50 then I would say it will test 60 this time. Copper at 2 is not profitable for many so soon enough that will cause a shortage. 2.50-2.75 is reasonable for copper. I often have the urge to sell and buy on pullback but at this point I view that to be risky. I truly think we will trade at 20 in July .