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Bullboard - Stock Discussion Forum Nevada Copper Corp NEVDQ

Metals & Mining Copper
Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > China stockpiling copper part of reason for price rising
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Post by Arbutus22 on Apr 03, 2021 6:53pm

China stockpiling copper part of reason for price rising

https://www.bloomberg.com/news/articles/2021-04-01/u-s-infrastructure-plan-faces-problem-china-s-commodities-copper-binge?srnd=markets-vp
Comment by bogfit on Apr 03, 2021 8:23pm
“They bought a lot last year, and I don’t believe it was solely for their industrial needs,” says David Lilley, a veteran copper trader who is managing director of U.K.-based Drakewood Capital Management. “It was also about building the strategic reserves of copper needed for their plans.” Now why would the Chinese do that?  Just to buy while the metal is cheap giving Chinese  ...more  
Nevada Copper Corp
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