Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

Free
Message: Re: Just a thought

Jun 19, 2012 06:23PM

Jun 20, 2012 12:55PM
3
Jun 20, 2012 03:31PM
2
Jun 20, 2012 03:35PM
5
Jun 20, 2012 03:38PM
2
Jun 20, 2012 03:51PM
2
Jun 20, 2012 03:52PM

I'm with you Foxy.
If the sentiment expressed is that China is slowing down, I think it's mostly posturing to buy up resources at a cheaper price. China consumes 40% of the worlds copper and I listened to a whole program last night on the cbc about China. The woman being interviewed who was quite knowledgeable and respected pointed out that their reserves are quite low and imports are going to increase significantly in the near future.

China is positioning itself to plan decades ahead and secure contracts with other countries for food and other resources. In the short-term, "she" recognizes the huge demand for a growing middle class who will demand huge amounts of commodities. Copper was mentioned several times (second only to soybeans I believe), but I feel very optimistic and think the Chinese economy is just too big, has too much momentum, and has too many sociopolitical factors working in its favor to fail.


Jun 20, 2012 04:03PM
1
Jun 20, 2012 04:10PM

Jun 20, 2012 04:12PM
2
Jun 20, 2012 04:20PM
14
Jun 20, 2012 04:29PM
2
Jun 20, 2012 06:20PM
Share
New Message
Please login to post a reply