Post by
NonCredibleSrc on Oct 21, 2021 12:43pm
Copper Price
Anyone have any insight to the drop in copper today??
Comment by
TuTomek on Oct 21, 2021 2:31pm
https://www.mining.com/copper-price-falls-as-supply-squeeze-begins-to-fade/
Comment by
NonCredibleSrc on Oct 21, 2021 3:19pm
I see - thanks - No numbers or qualifications of extended positions or quantities cited - sounds like BS news article. Likely copper up again tomorrow =)
Comment by
alvarez2 on Oct 21, 2021 4:32pm
Nothing but noise and a temporary distraction for some.
Comment by
TuTomek on Oct 21, 2021 4:49pm
on the other hand :) https://seekingalpha.com/article/4461139-copper-price-nears-record-high-on-supply-squeeze-will-rally-continue https://www.moneytalkgo.com/video/copper-price-nears-record-high-on-supply-squeeze-will-the-rally-continue/ GLTA!
Comment by
1student on Oct 21, 2021 5:06pm
It would be as I suggested earlier, Ivanhoe's KK costs and 'profitability' are controlled insulated, respectively. The copper price can have it's daily, weekly, monthly fluctuations; and Ivanhoe's KK mine would keep on churning out profitability by the ton. It's like BTO would sing, 'you ain't seen nothing yet' . . .
Comment by
goldstd69 on Oct 21, 2021 7:10pm
agree...and today's price action in copper was simply correcting recent steep gains...a chance to get some quality stock on the correction....like I wrote earlier I buy managment then property...jmho dyodd