RE:RE:Globe articlesThe IRR is too low to be developed unless there is a stable copper price close to US$4. This is not a profitable mine which will be developed at $3.25 copper prices.
But copper is going up from here I suspect. Without $4 copper, mines won't be developed to the point of meeting demand. Really, I suspect we will see $5 copper by next year or the year after.
My copper holdings are TKO, CMMC, and HMB. My plan is to buy more of each. I really like HBM!