VMS VENTURES INC. VMSTF

RE: RE: fyi, Reed Copper Mine

[U3082014]

Ridicoulous swings in commodities right now  show me that NOBODY KNOWS what is going to happen in the markets.....not even Commodity traders can make up their minds???....Gold swinging 25- $50 every other day?  Copper moving 4% in early trading....lol....10-20 years ago copper might move 4% in a month if you were lucky....now it swings 4% in early morning trading????

 

Still bearish on Copper short-term(3-6 months)......Europe+China Slowdown= $2.75 Copper this Summer....Remember....they have surplus Copper inventories stacked in parking lots all over China.....So it will take a few quarters to use up that surplus inventory......VERY Bullish on long-term outlook for Copper.