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 testing 5 year high

Oh baby! I'm excited 

https://www.barrons.com/articles/these-miners-are-a-buy-because-the-copper-market-cant-keep-up-with-demand-51606233159

The price at which the demand elasticity is great enough to balance the market dep The price at which the demand elasticity is great enough to balance the market depends on the magnitude of the implied deficits, but in our base and bull case scenarios it is not unreasonable to assume the copper price would rise to at least $5.00 per pound for an extended period before demand would adjust enough to balance the market. This point is very much underappreciated, in our view,” say the analysts

https://ca.finance.yahoo.com/news/copper-pauses-near-6-high-132953441.html

With the outlook for growth brightening, copper has the strongest fundamental footing among base metals, with prices likely to top $8,000 a ton next year, according to Bank of America Merrill Lynch.

The metal’s key role in the renewable energy transition is likely to fuel increasing consumption, with Jefferies LLC warning of “unmanageable” global deficits in coming years.

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