three metals in a bull market, Alta has it all
In my view, copper, as the most important base metal, is an excellent protection against inflation.
This fundamental aspect is reinforced by the mix of
- Declining grades and contents of old mines
- Lack of sufficient new mines
- Lower grades in new deposits
- Increase in copper consumption due to urbanization and the green deal
Inflation protection is reinforced by by-products such as gold and silver.
All three metals are in a bull market.
Alta has it all.
This is good for Alta shareholders.