CSE:AMQ - Post Discussion
Post by
MarketMakerss on Jul 05, 2024 6:02pm
Copper to Test $10,000/ton?
'Copper may test $10,000/ton in weeks ahead of China Plenum' says Citigroup, with "greater" support through reforms of power grid investment and renewable energy driving up demand. Expected to rise further to $12,000/ton by 2025 due to the 'onset of rate cuts', copper presents a clear opportunity here. (Source: https://x.com/robert_ivanhoe/status/1809078160857653498)
Nearing the commencement of the second phase of its drill program at the B26 Polymetallic Copper Project, (Ind. 6.9MT @ 2.94% Cu Eq, Inf. 4.41MT @ 2.97% CuEq,), Abitibi Metals (AMQ.c AMQFF) is a well funded, $36M mcap copper junior with ~$17M in cash to complete the remaining 16,500m planned for the 2024 work program as well as an additional 20,000m in 2025, AMQ is which will be incorporated into a PEA to complete the B26 option: https://www.reddit.com/r/PennyStocksCanada/comments/1dokm2r/abitibi_metals_amqc_announces_promising_results/
Posted on Behalf of Abitibi Metals Corp.
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