RE:CU price movementNice interview with goldman analyst on copper. He says we are out of physical copper reserve. He expects copper to go to 10.00 and then possibly 20.00.
So it is no longer just fluffy making that call. I do not think I have ever said more than 10.00, but I can see how 20.00 could happen.
Lets dream big. 20.00 copper and 4 copper mines at 500 million pounds per year at 15.00 cad profit after tax would b 7.5 billion epy or 25.00 eps for 500.00 per sh.
So I wonder if there will b a trade halt before anouncement or just anounce after close. I have nothing on sale.
nf