posted on
Jun 06, 2018 07:27AM
Liberty Star Uranium & Metals Corp.
Combining Classic Mineral Exploration with State of the Art Technology
Message: Copper
As long as copper is moving up- I am happy. As JayWay pointed out, the long term outlook for copper is excellent, but, after rising to the the $3.10 range it has seemed stuck- falling back after every rise. I know the POC is dependent not only on directly copper related supply/demand factors, but also extraneous factors such as currency issues - i.e. strength of the dollar. So this makes it somewhat unpredictable over the short term- even if the long term outlook is upward.
The only thing that will make investors or potential JV partners pull the trigger is the worry that someone else will do so first. Otherwise, even if very interested- they can bide their time. So- stating the obvious- the more seriously interested parties, the better. And, again,- I think getting into the $3.40-$3.50 range may spark that interest and create some exctiement and momentum such that parties may feel compelled to act. I think that's the time we will finally see something happening. I just hope this POC move continues- I think it is much more important than the daily pre-news up and down fluctuations of the LBSR share price.
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