Copper Mountain Mining Corporation T.CUM

Wholesale abandonment of commodities

[Rational43]

Oil and Copper stocks have not performed anywhere near as well as the commodities over the past month, and only in Canada.

Its been a buyers strike on Bay Street, as the ever present commodity price crash appears again in the hearts and minds of our money managers.  

Copper up 2%, CMMC up 2%.

Copper down 0.5%, CMMC down 5%, and its the same with small and midsized oil companies, despite strengthening long term fundamentals.  

Summer Stupid Season (SSS) is upon us, and I don't think it will break until it does, which I suspect will be once Q2 numbers start being released.  

But SSS will break, and quality, undervalued commodity stocks like this one will break to the upside when it does.