RE:What copper prices are doing in the short term is So does this mean you're bullish IVN?
topadvisor1 wrote: TOTALLY IRELEVANT AS FAR AS IVN IS CONCERNED.
THAT IS PRECISELY WHY PEOPLE THAT POINT TO SOMETHING LIKE THAT ARE CALLED NERVOUS NELLIES. THEY SCATTE AT THE FIRST SIGHN OF A STOCK GOING DOWN AND THEY ARE THE ONES THAT USUALLY BUY A RISING STOCK AT THE TOP.
I WILL REPEAT THIS FO THE DUMB DUMBS, COPPER PRICES CHANGE SOMETIMES DRASTICALLY NOT JUST FROM MONTH TO MONTH BUT SOMETIMES FROM WEEK TO WEEK. IF YOU GET THE FACTS THAN THAT WILL NEVER MATTER TO YOU.
FACT NUMBER 1; WITH WHAT IS HAPPENEING WORLD WIDE WITH ELECTIFICATION AND THE NEED TO INCREASE THE POWER THAT IS NEEDED FO THAT, WILL PROPELL COPPER PRICES MUCH MUCH HIGHER THAN THEY AE TODAY.
FACT NUMBER 2. THAT DEMAND IN THE INCREASE OF USAGE OF THE RED METAL, CANNOT BE MET BY INCEASING PRODUCTION, SINCE (LET ME SAY THIS CLEARLY) THERE IS NOT ENOUGH DISCOVERED MINES TO DO THAT WITH. IN FACT, BASED ON A MUCH WISER MAN THAN MYSELF, LOL ACCORDING TO RF, YOU WOULD NEED TO FIND 10 KAKULA MINES PER YEAR, JUST TO STAY EVEN WITH THE DEMAND INCREASE COMMING.
AGAIN, IT IS SIMPLE, ALL YOU HAVE TO DO IS WHAT ???? YES YOU BRAINIAKS WHO DON'T GET IT, IT IS CALLED WAITING FOR IT. IT WILL HAPPEN AS SURE AS IVN WILL INCREASE PRODUCTION.
FACT NUMBER 3. ONCE IT STARTS AND ACCELERATES, NO MATTER WHAT THE MINING, EXPLORATION COMPANIES DO, THEY WILL NOT BE ABLE TO PROVIDE ENOUGH FO THE DEMAND.
FACT NUMBER 4. THAT WILL MAKE COPPER PRICES GO TO LEVELS MOST HERE WOULD NEVER BELIEVE. YOU THINK 10 DOLLARS A POUND WOULD BE HIGH ??? LOL
JUST WAIT AND SEE. JUST LOOK AT NG PRICES TODAY AND WE HAVE ENOUGH NG TO SUPPLY THE MARKET. ALL COMPANOES HAVE TO DO IS DILL AND DELIVER, SINCE THERE IS PLENTYU OF KNOWN DEPOSITS OF IT IN THE WORLD. ENOUGH FO A THOUSAND YEARS OR MORE. THAT IS NOT ANYWHEE CLOSE WITH COPPER DEPOSIST.
GET IT NOW ??? TODAYS PICES ARE A PITTANCE TO WHERE THEY WILL BE DOWN THE ROAD.