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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%)

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Message: Re: Sector Rotation
14
May 28, 2014 02:09PM

Interesting comments regarding the Sector rotation.

I agree that the frustrating part of waiting is that one has to say no to all the other bargins that one sees along the way.

In addition to your "copper surplus" that never was, there is an interesting article "LME copper spreads finally flare into life". It talks about what is needed for the worldwide copper inventories(called stocks) to increase once again.

http://www.reuters.com/article/2014/05/28/home-copper-idUSL6N0OE2R020140528

In the meantime, the copper price is gradually - slowly but surely - increasing.

4
May 28, 2014 05:45PM
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