Gonna be some serious FOMO in #copper as it seems certain to take out it’s all time high. These stories I’m reading about no smelter margins and tightness in concentrate leads me to think the ATH in copper will be taken out in short order. Days or weeks at most
I’m in pretty deep but fomo added to some more this morning myself.
I just keep thinking there is obviously a fundamental change occurring in the #copper market here. The EV transformational demand coming through and this is pre the infrastructure bill.
I just keep thinking there is obviously a fundamental change occurring in the #copper market here. The EV transformational demand coming through and this is pre the infrastructure bill.
I think copper will be $8-10/lb in couple years. Will take a serious spike as well as the belief that it’s gonna stay high to curtail enough demand. I’m with @METhompson72 that demand will have to killed to with high prices to balance the copper market
Air conditioner and refrigeration manufacturers think long and hard before they decide to substitute #aluminum for #copper and then take time to retool and switch. Will be a nice sustained squeeze and send all copper juniors blowing out over past cycle highs
52 week high coming here... Ideally I’d love to see a run to $1.50-2 and they raise $10mm there and drill the heck out of some of their vast inventory of targets on 115k acres 
When the drills start turning it’s gonna create a lot of excitement and more investors will make comparisons to $mari with no production and $500mm market cap. Vs $srhi $40mm cap and 34mln lbs per year of production. #copper
Consider the $srhi land package is less than 10 percent explored and is a huge 115,000 acres with abundant green copper outcrops and they have a ~441mln lb resource number now. I expect they will be able to drill up a couple bln lbs and become a very attractive take over target
• • •
Missing some Tweet in this thread? You can try to
force a refresh
