At the end of August 2020Copper $3.04 on August 29th 2020 today $4.18 period. Over $1 more per pound.
Ok August last year this was trading at .60 cents before the massive move too over $3.
But it had stabilized like I said in August 2020 around 60 cents @ $3.04 copper prices.
And we did not even know what was under the overburden. Sure there was rocks that showed green. Copper showings.
Today we have a strike length of over 950 metres , depth off 800+ metres by a width of 350 metres. Alot of tonnage period. Teck in for some @ $1.95?
So there is a lot weirdness here. Fundamentals are alot better, but the shareprice does not reflect that yet. And may be it will 1 F In day when they get some core results from that stupid lab.
the market ALSO does not like the fact of delays either. Gives them a chance of kicking the cr@p out of the shareprice. Especially when Claudia says or infers end of Sept , or early Oct. And nothing has come about as of yet.
Too me this is all too weird.