Post by
SR71BlackBird on Jun 21, 2024 10:00am
Copper price rose way too much way too quickly…
Just look at the graph and you will see that it's just not sustainable. It's been driven by Chinese stockpiling that's now coming to an end/slowing dramatically. It will work its way back up over the long-term, but I think we need to come back down to at least $4. I think we could pick this stock back up at $9 or $10 per share. IMO.
Comment by
Gmcdonagh89 on Jun 21, 2024 7:22pm
Hoping it's more like 4.00 to 4.25, HBM will be fine in that range and with present AU price it should support $13-15 Can. stock price