Post by
nofluff on Aug 09, 2023 12:07pm
copper
great week to be in copper. Hopefully copper, makes a north move.
My equities are all riding up on there own merrit. If copper would jump to 5.00 u.s. we could all take a bit off the boat and feel good about 2023:))
Happy sailing.
nf
Comment by
JCSunsfan on Aug 09, 2023 1:35pm
We are already in the EV revolution. Copper prices should be rising, but debts are so high right now. Its tough for people to buy.
Comment by
copperminer on Aug 09, 2023 8:40pm
The other thing that Stuart said, is of utmost importance, and that is, " with every .10 cent rise in world copper price Taseko bottom line increases by around $10,000,000.
Comment by
PieEconomics on Aug 10, 2023 8:27am
Is that $10 million referring to Gibralter only or Gibalter + Florence? If Gibralter only what is a 10 cent rise worth for Gibalter + Florence?
Comment by
JCSunsfan on Aug 10, 2023 10:18am
That is Gibraltar only. Florence won't factor in for 18 months or more.
Comment by
JCSunsfan on Aug 10, 2023 10:23am
All copper has to do is to move up to $5 or so and everything will look better. However, BB said that most miners want to see copper above $4 before they push ahead with new projects, so in recent months they Have delayed starting projects. In the end that will delay competition and drive up prices. everything is five and take. Now about that permit.