GREY:NEVDQ - Post by User
Comment by
Notgnuon Oct 12, 2021 1:42pm
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Post# 33998007
RE:RE:Quinn : thanks for the insight- that
RE:RE:Quinn : thanks for the insight- thatAgree completely... this copper cycle will likely exceed any other. The commitment to a switch to electric eevrything is very hard to back -track on now. It doesn't matter much whether you believe it is actually the climate change panacea that it is proposed to be because the 'electric train' has now left the sation and is gaining momentum.
N.
quinlash wrote: You 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