More negativity on Copper. I am reading the article and thinking what a great opportunity for any company brave enough to invest now. With all the projects on hold and being cancelled, there will be a great return for any company with the courage to plan for tomorrow. At this rate there will be a huge shortfall in copper supply over the next few years. If Teck have Schaft Creek coming online, they will realise enormous profits. Bad news in the sector has to be good news for the opportunistic investor. Blood in the streets and all that jazz. I can only see the upside for CUU and hopefully, CUU2.
http://seekingalpha.com/article/629841-copper-hits-new-lows-mining-expansions-on-hold-copper-miners-down-sharply?source=email_portfolio&ifp=0
Good luck to all
bbay