GREY:XEBEQ - Post by User
Post by
tamaracktopon Oct 15, 2021 12:52pm
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Post# 34010437
Xebec is fumbling and bumbling and stumbling about here
Xebec is fumbling and bumbling and stumbling about hereEven though it's up 8% from Wednesday's low, it's meaningless.
It's what I used to call "random walk" when trying to explain the day-to-day vagaries of the market to clients.
It's not very convincing, at all.
We need a 20% up-day to raise eyebrows.
To attract attention and stir the interest of momentum players.
Meanwhile copper continues% its steady climb.
Up 3% earlier today( 15 cents/lb), it came within 10 cents of the highest it's ever been in the history of history.
Do yourselves a favor.
Look into USCU
It's at 14 cents down from 36, and they have 1.3 billion pounds of copper indicated and a further 1` billion pounds inferred on their property.
It's in California, of all places.
At 14 cents the company is valued at $20 million.
The reason I'm talking about copper is very simple.
The push towards renewable energy is dead in the water without newly-mined copper.
Recycled copper can't be used for electrical wiring.
There is 25 grand worth of copper in every wind turbine.
The average electric vehicle requires 183 pounds of copper.
The world isn't producing copper as fast as it's consuming it.
Strictly for funny-money, but it could be alot of fun.