Great article that if found through $ROCK.v on twitter Great article that if found through $ROCK.v on twitter, about how the demand for copper is going to increase as developed nations begin to upgrade their grids to meet the desires of the global green energy transformation.
“Although copper prices are more than 15% off their highs from May, Fine said that the market is still in good shape. It's only a matter of time before investors start paying attention to the growing demand for copper.”
Developing nations Are very copper intensive at their current stage in life. These nations are consuming lots of copper in order to build out their infrastructure and for electricity distribution. Where as developed nations will need more copper as they upgrade their current electrical grids as a part of the aforementioned global green energy transformation.
Its only a matter of time until investors see the value being created by the mining companies, I was happy to see $ROCK.c share this article showcasing the growing need for copper, they’re definitely one of my copper plays.
Closing even today at $0.1 a share and MC of $7.3M check out $ROCK.v
https://www.kitco.com/news/2021-08-18/Copper-market-and-producers-still-look-good-even-as-prices-fall-15-from-record-highs-Third-Avenue-Management.html