TNR Gold - V.TNR - Planned Spin-Outhttps://sufiy.blogspot.com/2010/08/first-uranium-than-potash-now-copper.html
Will
Robert Friedland plug in second leg of the Lithium Bull now? Is it just splash of memories from sweet Uranium hey days and Potash fever or is it sign of the next Bull to come? Only future will tell us, but we can welcome another fine gentleman to our Next Big Thing club. Money is coming into the Lithium sector and now we can see who has already taken positions on the Next Big Thing. Friedland can do to the Lithium Sector what James Dines did for REE last year: he can put it on the radar screens of thousands investors following him. He managed to strike it big with Uranium and Potash and now is positioning Copper as a Green Metal. We have wrote before about it as well and will add to his observations that when you will account for all infrastructure for Electrification of Transportation Copper and Lithium are the metals to be in. In our opinion, Lithium will be more explosive as it is still below the radar screens and industry as a whole is a micro cap compare to Copper Majors. It all can change very fast. Our Top Pick here, as you know is
TNR Gold with its Lithium projects to be spin out in
International lithium and copper
Los Azules play in Argentina. Summer accumulation phase could be over soon with FED QE 2.0 to be announced. Chinese appetite for commodities is growing by the day and Oil is indicating that there are places with growth and demand is already clashing with supply.
We have a position in the company, please, do not take anything as an investment advise on this blog, as usual.
Friedland sees blue skies for copper
BARRY FITZGERALD
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August 9, 2010
The mining promoter extraordinaire Robert Friedland was at his uber-cool best at last week's Diggers & Dealers bash in Kalgoorlie, dispensing insights on the world of metals like he was reading them off a box of Corn Flakes.
Friedland is noted for being first among the miners to call the rise and rise of metals demand from China on its urbanisation and industrialisation boom. So when he talks, people listen.
He is the boss at the Canadian company Ivanhoe (owned 23 per cent by Friedland and 29 per cent by
Rio Tinto). Ivanhoe owns 66 per cent of the world's next great copper mine with associated gold output, the
Oyu Tolgoi project in Mongolia's
Gobi desert, with the government holding the rest.
From all that you would expect him to bullish on the outlook for copper. He is a major bull.
Friedland pointed out that the while the world mined 585 million tonnes of copper metal from 1900 to 2008, it will need to mine 600 million tonnes of copper in the next 20 years alone, assuming 3 per cent global economic growth.
''Frankly, those of us in the business have no idea where this metal is actually going to come from,'' he told delegates.
But more importantly, Friedland reckons that the forecast need for 600 million tonnes of copper over the next 20 years not including the demand to come from the ''phenomenon'' of electric cars. He believes that hybrid cars are old news. The world will shift its car fleet over to lithium battery-powered electric over the next 20 to 30 years or so, waving goodbye to reliance on Middle East oil supplies at the same time.
Good news for those chasing lithium as the next big thing. But don't forget copper, Friedland added.
He pointed out that a lithium battery is made out of a copper foil which is sprayed with graphite and lithium/cobalt oxide. ''And when you roll that puppy up and put it in your car, 80 per cent of the weight of the battery is copper metal.''
So a large sedan with a 450-kilogram battery will have about 360 kilograms of copper metal in it. Multiple that by the 500 million people who will want electric cars, and the implication for the copper market is ''breathtaking''.
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TNR Gold - Corporate Presentation
https://www.tnrgoldcorp.com/i/pdf/TNRPP.pdf