...and another optimistic copper article

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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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...and another optimistic copper article

posted on Apr 16, 2014 10:12PM

Is't almost silly season on copper now...

"When it comes to copper, many of the downside risks that people were factoring in are no longer expected," said Catherine Raw, co-manager of BlackRock Inc. BLK +3.14% 's $432 million Commodity Strategies Fund. "It's quite an exciting market."

Bets on falling prices by hedge funds and other investors are down by nearly half since March 25, based on Commodity Futures Trading Commission data. Some investors say the metal's more than three-year decline is over.

Still, investors' worst fears about copper demand haven't come to pass.

"There was a considerable contingent that thought things were going to get really lousy," said Bart Melek, head of commodity strategy at TD Securities. "If China wants growth, they will get growth."

--http://online.wsj.com/news/articles/SB10001424052702304626304579506003038627602?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304626304579506003038627602.html

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