Post by
nofluff on Mar 13, 2024 11:33am
Looks like
Investors r believing the deficit story. This should change fast. If there is confidence in future bottom line, there should be confidence in insitiu value as well. At 7.00 copper, insitiu with producing mills should b a buck a pound. So gib, flor. Should give 5 billion cad. to sp. The other unpermitted deposits about 20 billion for total near term sp of 100.00.
Happy holding:))
Nf
Comment by
nofluff on Mar 13, 2024 12:00pm
If you were a copper pipe or wire manufacturer. Perhaps an auto maker ore solar wind energy provider. At what price do you stop buying copper?? You would stop when you could no longer sell at a profit. Some new auto makers are going bankrupt. They are not buying copper. The others are buying more every day. They are starting to scream for copper. Up over a u.s. dime. Nf
Comment by
nofluff on Mar 13, 2024 12:57pm
Someone has decided, buying what I need each week, will no longer work. So they are buying plenty today. They will keep on each day. Is my guess. I sure wish I had more cash. Jc and Dc both have some. Perhaps, they would loan fluff 50 thousand each at 10% int. You know where I would park it:)) Nf
Comment by
JCSunsfan on Mar 13, 2024 2:16pm
50 bagger? Nothing like dreaming big.