Post by
dcjones4396 on Jul 15, 2021 7:45pm
Copper Market
Current spot is $4.31 US. Tremendous profitability at these levels, yet the market is acting as if copper had retreated to the $3.50 - $3.75 region. Pro traders know Taseko stock will remain uber soft until the end of September. The need for the permit before October is obvious. However, we have much stronger QE reports coming our way to finish the year. Taking advantage of the weakness over the next 10 weeks will likely be handsomely rewarded. Remember, the sky was falling for a solid 15 months leading up to the March 2020 low of 25 cents US. The most interesting event coming our way is the Q2 conference call. Will Stuart shed anything of note? Sure hope so. At the very least, we'll get to hear the tone of his voice when speaking about the permit delays.
Comment by
nofluff on Jul 15, 2021 9:13pm
I just want to c 2.24 cad. I think maybe tomorrow. With nothing positive, should keep sliding. U would have thought harmoney would b a positive. This is the stock market. An auction has no rules. nf