TSXV:LBC - Post Discussion
Post by
StockHawk1 on May 18, 2023 5:43pm
Forbes article highlights copper supply gap + info on LBC.v
Glencore CEO Gary Nagle emphasizes how the slow response to demand projections and the limited availability of new supply make copper an attractive investment option for those who comprehend its significance
https://www.forbes.com/sites/markledain/2023/04/29/everyone-who-understands-copper-seems-to-be-buying-more-of-it/?sh=7f945f6f28d8
Libero Copper & Gold's (LBC.v LBCMF) Mocoa Project is a significant copper-molybdenum deposit situated in Putumayo, Colombia. With an estimated resource of 4.6 billion pounds of copper and 511 million pounds of molybdenum.
LBC's largest shareholder, Anglo Asian Mining, recently agreed to conduct the initial design, engineering, and financial modelling for the project. This is a big step forward for the project and shows LBC's commitment to bringing it into production phases.
More info here: https://www.liberocopper.com/_resources/news/nr-20230502.pdf
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