TSXV:OCO - Post Discussion
Post by
NeftyIvan on Jun 12, 2023 7:16am
FWIW ... An example of a Major Player seeking Cu Assets
[https://seekingalpha.com/article/4609968-glencores-bet-on-copper-commodity-for-future]
Glencore's Bet On Copper: A Commodity For The Future
Summary
- Glencore is focusing on future metals like copper, nickel, and cobalt, positioning itself for long-term growth.
- The company has reduced debt and plans to double copper production in the coming years, making it well-positioned to generate cash flows for decades.
- Glencore stock may be a good long-term buy and hold option, but short-term share price movements are uncertain due to factors like fluctuating coal prices.
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