Post by
LeMarcus on Apr 17, 2015 3:37pm
Copper is going up
I'm sitting tigh! Not sure if we will have a positive return in Q1, but probably Q2 and Q3 should give 1/3 of a cent
Comment by
newrelic07 on Apr 17, 2015 3:51pm
I read today a bloomberg report with analysts calling for 3.00 to 3.25 this year based on demand from China. China is doing a 68 billion dollar upgrade to their power lines. They already use 47-% of the world copper supply and the infastructure upgrade will account for another 14% of world supply. An update on the millprogress from mwe would sure be nice.
Comment by
LeMarcus on Apr 17, 2015 4:25pm
India also has electrifying / Grid projects. I will try to find some links! But more likely 2016/2017/2018 to be very good for Max efficiency Mills.