It kind of scares me that there is no need to build a new copper mine for some time. Who will buy Copper Foxes 25% when there is absolutely no urgency to mine the stuff?
simbran, analysts have been wrong about copper futures (and other commodities) plenty of times when attempting to forecast prices for the next 12 months. With that in mind, we have absolutely no idea where copper prices will be in 2020, when Schaft Creek is hoped to be in production. I wouldn't waste any energy worrying over that. If you believe the world will continue to grow long term and metals are going to be needed in concert with that growth, then copper demand should be healthy.
Anyone contacted Elmer today?
koperfoks, I am awaiting an email response from Elmer. When I get it, I will share it with the board.