Post by
Jerusalem7 on Feb 24, 2021 10:29pm
Copper Prices and Financial Recovery
Copper continues its steady move at $4.32 towards the $4.50 target and then $5. and beyond. No one at this time knows how high it will go or the share prices of resource exploration companies like, SURGE, who has the proven goods as is expanding!
There has been some excellent news coming out on Covid 19 vaccine development, especially from Johnson & Johnson who has developed an approved highly successful one shot vaccine which is going to shorten Pres. Biden's vaccine target and will be in high demand with orders in the millions already happening. Such advancements are going to shorten the pandemic considerably with the potential of excellerating economic recovery at a rapid pace. One of the largest building movements known in modern times is likely to follow along with many electrical clean energy projects as is expected in the transportation industry.
With the limited availability of proven world copper resources, the resource itself could very likely wind up in bidding wars among nations in demand that are involved in major industrial development like China, US, most European Countries, Canada, etc.! The demand is huge and growing and SURGE is going to be right in the thick of it! There is no sufficient substitute for this resource at the present time!!!