RE:RE:Apparently the Market doesn't like the 10yr Smelter deal - BccaneerIsland wrote: PistolTuco wrote: which is Chinese majority owned - we got alot of complicated issues with this beast - do you really trust the DRC and the Chinese? That is what is probably scaring the sh*t out of most investors high up the chain.....i really don't know if IVN rushed this smelter deal or not or why this was not addressed month ago - all this really does/did was spook the market for now - IVN will get through this over the next week then drop a killer exploration update of WF which will lead to a "New World Class Discovery" 6x's bigger than KK - IVN only for the pro who can stomach the swings, Long IVN waitng for Oct-Nov price target $12-$15 IMO GLTA.
What does the smelter deal have to do with fcx, cmmc, cs, fm, teckb and every other copper producer being down today? Unless they all signed 10 year deals to smelt in the congo also.
Bucco
Lol......finally a brain......and guess what, it's likely going to fall more. Look at the chart ffs. Long term......much higher. BUY.