Copper prices expected to reach new highs in 2022 According to many, copper prices could likely reach new all-time in 2022 with demand for carbon-free energy driving copper demand. (source: https://ca.investing.com/analysis/copper-new-alltime-highs-likely-in-2022-as-decarbonization-drives-demand-200501101)
With this I have been feeling good about my small-cap copper picks including Allied Copper ( $CPR.V $CPRRF) which has been having a very green month on the TSXV.
About 2 weeks ago $CPR announced that it has signed an option agreement for the exclusive right to acquire a 100% undivided interest in the Stateline Copper Property from Cloudbreak Discovery and Alianza ($ANZ.V).
This property is only 8km South of the prolific producing Lisbon Valley Copper Mine.
After this acquisition, $CPR will focus on extensive exploration campaigns across their portfolio.
This property seems like a promising addition to $CPR's portfolio IMO and I think everyone invested is excited to see what their exploration campaign will uncover.
$CPR closed stable today at $0.28, MC is $10.661M
https://ca.finance.yahoo.com/news/allied-copper-signs-option-agreement-141100768.html