GREY:DULMF - Post by User
Comment by
marpincanon Jun 22, 2013 2:55pm
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Post# 21564311
RE: RE: RE: Copper/Nickel Price is the Driver
RE: RE: RE: Copper/Nickel Price is the Driver Some people on this board and other mining company boards have been holding their shares for some time and at much higher prices and so they get impatient and a little antsy with posts they do not agree with and make it personal. The back bone of a good discussion board is to have diverse opinions and share information and these people do not seem to get that. With Duluth, it is my opinion that they have a very good ore body both in grade and size so while the drop in base metal prices does not help, it is one off those ore bodies that barring a total collapse in metal prices will get developed. Antofogasts and the base metal miners in general are running into problems with grade. political stability and costs all over the world. Most of the grades now being mined are under 1% copper equivalent and so when you have a large ore body like Duluth at over 1% copper equivalent ore in a politically stable environment, it has staying power. It is the lower grade smaller ore bodies that will get canceled. JMO