Re: Citigtoup forecasts copper deficit for 2016 in excess of 280000 tonnes

If that true, I don't get why analysts are not wildly bullish about copper. The largest copper warehouse by far is the LME which currently only has about 346,000 tonnes of which only 288,000 tonnes are available for trading (Live Warrants). If these factors remain true then we are looking at a copper shortage in 2016. So when will the market catch on?

I just don't understand all the talk in the marketplace that copper is oversupplied - when we were in a balanced marked. Now with all the recent cutbacks I expect (hope) the price of copper to rebound sharply. It could be an exciting time for us in 2016 but I am with those who are tired of waiting.

By the way - I was one of those who purchased shares at $0.10. But I didn't buy them for trading purposes - it simply brought down my average cost to around $0.37. So I still need another double before I break even.