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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: Commodity Slump Not Necessarily Signaling Recession

I have read a number of articles over the past few years about Dr Copper - how the price of copper is an indication of the health of the economy. I actually think that still it is BUT I think people should be looking at Copper consumption not copper price. Iin the following article, I found this comment insighful about copper prices:

"The financialization of commodities has meant that their prices are increasingly driven by the ebb and flow of investor sentiment and positioning, rather than solely by ‘real’ demand,”

http://www.kitco.com/news/2015-08-20/Commodity-Slump-Not-Necessarily-Signaling-Recession-Capital-Economics.html

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