GREY:NEVDQ - Post by User
Comment by
quinlashon Oct 12, 2021 1:35pm
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Post# 33997960
RE:Quinn : thanks for the insight- that
RE:Quinn : thanks for the insight- thatYou are welcome. I have been trading on mines for 20 years. The cycles are not hard to see but they are usually only a once or twice in a lifetime opportunity brought on by The Commodity Super-Cycles.
These cycles are usually brought on by global population growth and the need to improve infrastructure to support the larger population. The Copper cycle should have actually started a 2 or 3 years ago however we seen what C-19 did to the markets. With the need to create jobs and the move to upgrade the power grids and support the market moving to Electric Vehicles I personally see copper as the common dominator for solid investments for those who buy and hold for extended periods.
Anyhow, all JMHO or course, DYODD
Q
- Long on Copper (as well as iron ore and steel)
rockhound3 wrote: Said I have been in this stock since 2012 and it deserves to be a successful mine.
The original man tried very hard to get this developed however timing impacted things very significantly.
The frustration has been with PALA's ineptitude - luckily this is an excellent location and the price of copper has saved the day.
It will be interesting to see how this works out for the retail investors.
I am hopefully to get both the book and film rights although I should be writing the case study for the MBA program at a b school that focuses on mining!
stay tuned
ROCK