GREY:DULMF - Post by User
Comment by
estebancaballoon Sep 05, 2014 6:03pm
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Post# 22911537
RE:Right conclusion maybe but the wrong question
RE:Right conclusion maybe but the wrong question I appreciate your thoughtful reply and input, M. The fact that analysts are using $2.75 or any other number as a long term copper price does not impress me one bit. As you are very much aware, analysts are like weather men....don't take any long term forecast from them seriously as they have no more idea of where prices will be in the long term than you or I. As for whether DM is a good investment....you should get out a map and/or do as RD did and go visit the property. This is a mega resource that is simply too well located and too big to ignore, imho. Most of the nabobs of negativism on this site are willing to concede that point but argue that it may take decades for the mine to be built....my take is that it could take a decade but that is not so far away in terms of investment cycles, imho.