RE:Positioned
Demand for what? For copper? That may fall globally. For domestic sources of copper? That will CERTAINLY increase spectacularly.
Climate change presents two considerable threats to our industry. Besides the mine site and its surrounding communities, there is also as even greater threat to transportation systems needed to deliver equipment and supplies, and transport product out.
Taking into account our response to threats to our planet’s habitability over the last 50 years, and what I understand about environment processes now occurring, leads me to the conclusion that the world in 25 years will be unrecognizable by people today. I see a breakdown in global commerce as damage to transportation in the weather impacted nations becomes an impossible financial burden to repair, as the cost of food grows further and further from their people’s grasp. What will be essential in future commerce is the ability to transport materials intercontinentally. And that includes metals to build out solar conversation & renewables.
For those who can’t wait that long, then the question is how long before these ultimate consequences start imprinting on the minds of the major mining boards? It should take no more than another 2017 Peruvian el Nino flooding, or another super typhoon in Zambia to get the point across; and then they’re going to come looking and maybe bidding, so to all those who are looking to pocket a few dimes with this stock short-term, you may be disappointed, but those reserves someday are going to be gold.
b.