RE:RE:Escondida Strike?
I also think Ikes might have missed the point, but COP stock's beta has little or no correlation vis--vis copper spot prices. If you want to invest in copper commodity buy major copper stocks like Freeport, Hudbay, Lundin, Teck or First Quantum. Or, exchange traded ETF's like COPX. COP is an exploration company not yet producing meaningful copper. It is a "Howe Street" stock with an office in Vancouver controlled by an offshore Equity firm based in the tax-haven Channel Islands. A perfect setup for a great promotion. Posting copper related news is good for a quiet day to boost and pump yourself up with anything positive connected with copper this and copper that.