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%)

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Message: Copper prices looking forward

Copper prices may soften further in the short term, but new infrastructure spending and lower interest rates in China, I think, should soon reverse the trend.

Meanwhile, lower energy costs mean lower break even levels for producers, so lower copper prices, while they last, are not all that damaging to miners.

http://www.mineweb.com/traders-fixate-copper-approaching-6000-losses-accelerate/

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