Post by
tamaracktop on Feb 19, 2021 8:19am
This will interest you
There is a way to profit immensely from the undeniable move towards green energy. A way where you can be sure you aren't late to the party. The horse hasn't even left the starting gate.
There are a very small nunber of readers here who communicate with me directly. They know full well that for the first time ever, I've taken an interest in copper over the last year. I never have before. It always seemed so boring.
Some here might not know that in the commodity world, copper is referred to as Dr. Copper, because its price moves can be used to diagnose the health of the economy, as it's one of the most widely used industrial metals.
Copper is in a bull market that has been shunted aside in the eyes of public interest by more glamorous stories. Quietly, copper has been making new highs after new highs. It has made another overnight, with copper trading up 3 cents to $3.98, up 49.5% from a year ago.
Fortunes will be made in junior copper stocks, because copper deposits that were basically worthless at $2.75 copper are now worth hundreds of millions, if not billions. Copper mines have fixed costs of production, so if a deposit can be profitably mined has a fixed cost of $3/lb, the leverage of the mine or deposit's value given any move in the copper price above $3 is enormous.
The market is far from even beginning to realize the opportunity this presents. It hasn't yet realized that junior copper plays are a play on Green energy. The realization will come, and the profits for those with foresight will be enormous. Select copper plays that are trading for mere pennies will rise manyfold.
I urge everyone here to take a serious look at that market. Do some homework, and you'll do well. Don't bet the farm, you won't need to.
Here is an excerpt from a publication released in the UK four days ago:
Green Energy to Drive Domestic US Copper Demand Copper demand is set to continue to grow both as a result of global post-covid economic stimulus and through the switch to clean energy. Copper is one of the best conductors of heat and electricity, and renewable energy sources such as solar, hydro, thermal and wind require up to 12 times more copper than traditional fossil fuel alternatives. According to the Copper Development Association, solar systems require 5.5 tons of copper per MW, onshore shore wind energy requires 3.8 tons of copper per MW, whilst offshore wind farms require 10.5 tons per MW due to the extra cabling. Each new electric vehicle contains between 40 and 83kg of copper, compared to 23kg for conventional vehicles. Unlike many clean energy minerals such as graphite and lithium which are only used in battery production, copper is required throughout the energy cycle in production, storage, transmission and use. As a result, copper use is forecast to potentially increase by up to 350% by 2050.
Comment by
tamaracktop on Feb 19, 2021 8:45am
Just a quick follow-up. Copper just traded above $4 for the first time since 2011.
Comment by
newcoin on Feb 19, 2021 9:04am
There are 100s of junior copper stocks. I'd have no idea where to start looking. It's not an area that's familiar to me. It would take forever to find the correct one. I'm not just going to throw a dart at the list of mining stocks. Help, is appreciated.
Comment by
savyinvestor333 on Feb 19, 2021 9:37am
2 other names that are widely followed by the brokers are CS Capstone and Copper Mountain CMMC. I do not own either right now.
Comment by
newcoin on Feb 19, 2021 9:48am
Thanks, savy, I'll check these out.
Comment by
retiredcf on Feb 19, 2021 10:49am
It's pretty obvious that the natives are getting restless when most of the conversation on this BB now centers around copper. GLTA
Comment by
savyinvestor333 on Feb 19, 2021 10:54am
It was only a commercial break. At least it's not Bitcoin and Gamestop. lol
Comment by
Zebec2021 on Feb 19, 2021 11:21am
forget copper.crowded trade.....SVA .. IS READY TO LAUNCH !!
Comment by
SNgu8000 on Feb 19, 2021 9:27am
My next new RAPTOR 2021 licence plate will be : NCU-GRN ( I wish it run with Hydrogen produce by XBC - but NOT YET ).
Comment by
Newtrader1982 on Feb 19, 2021 9:08am
I also put a small amount into ncu warrants we shall see
Comment by
savyinvestor333 on Feb 19, 2021 12:21pm
TT Your way more diplomatic than me. Maybe you can hire on as an Ambassador.
Comment by
sumpineh on Feb 19, 2021 12:34pm
It did not bother me.On the contrary,after you mentioned it and others put out their pics in copper and then those stocks took off. It reminded me of Reddit.This is a powerful forum.
Comment by
iknowsmthing on Feb 19, 2021 3:11pm
Really appreciate your suggesting Copper as a green play TT! I don't know of any Copper Companies but I see a few have been suggested by others on the board as a starting point. I should have some time to do some DD in between my snow shoveling this weekend. Yuk Best board on SH! GLTAL