Post by
copperminer on Jul 06, 2021 6:40pm
Copper Thoughts
Copper thoughts x two. First thought is the Reuter edited News Release concerning the Florence mine. To compare us to a petro fracking operation is a jump across. If anything, we could be compared to a "Heap Leaching" operation, only underground but totally tested and monitored.
The reference to what a councilman said without noting the land company involvement, and that the present council, mayor, state officials being 100% in favor of Florence, is worse than a one sided story.
I wonder where the EPA people have been, and where they are going to. IOM, the article hurt our SP
Second thought, when the Chinese announced a metal dump to lower prices, that action translates to, "we need so much copper in the short term, that prices have to come down, otherwise we can't complete. So now the world holds it's breath to see if the Chinese manipulation works.
Now we are coasting, waiting to see what the above groups are trying to do to our copper.
Comment by
nofluff on Jul 06, 2021 6:57pm
Miner. End game is supply demand. Intermediate game is chicklets. If we r really short. price will climb. If not. price will drop. Right now. We seem balanced. nf