It will be interesting to see just what the other holes tell us .. all the good things we have to look forward to aside, copper is looking to go up and all those miners holding same should do well looking forward ..
inventories continue to drop .. successively for a few weeks now .. to lows not seen since dec 2010 ... and the analysts feel the trend will continue ..
cancelled warrants has risen to a new all time high ... and these now represent 30% of the stockpile.
Goldman Sachs said a couple weeks ago that copper may climb to $4.50 in the middle of the year, on a strengthening econony and on rising Chinese demand.
I can see a resolution to the Greek thing alone taking us close to 4 bucks.
with these price and scarcity factors in mind, an improving economy, the plethora of news coming from CUU, a potential bonanza type drill result, an attractive BFS, and Teck acting (back in) to secure a supply of copper looking forward for years to come ... and that wry grin on Elmer's face whenever he's interviewed ...
the Fox is (in my opinion) sitting in the eye of a huge storm about to blow through very soon!