Talk about not seeing the forest for the trees! The market selling copper producers because the metal is “only” U$4.10/lb is a prime example of HerdThink, running after the headlines and trying to stay ahead of the news. The amount of money Cu producers are making at these prices borders on obscene, but you’d think the whole sub-sector was about to go out of business the way the equities have been sold down. Evergrande will blow over too, haven’t you people learned anything from last year? Whatever It Takes rules the show, there’s no market crash happening.
So buy some copper producers! The low hanging fruit is everywhere this morning, personally hard to look past Copper Mountain (CMMC) but that’s just me; think Capstone, Ero, plenty of others too, even some of the advanced explorecos. Chase all the market fashion you like and run behind the MOMO to feed your FOMO if that’s what turns you on. Personally, Wayne, I like to skate to where the puck is going to be.
Nah…you’re just an anal retentive bore.
Nobody gets offended by any of this nonsense unless you’re a mental midget.
You came all the way to say that? Wow, what an interesting person.
Hi, I bought Excelsior Mining last week. I saw that you wrote something (good) about them in the past. Would you consider it a buy at these levels or is the technical risk too high at the moment and one should stay away for now? Thanks.
I own some. However, won’t add to MIN until they show substantive delivery on the current revised plan. They have until year end to impress.
Thanks for your reply!
Yes maybe copper is the ideal hedge against oil stocks in view of electrification . Oil looks to be better in the short term . Putting CMMC on watch , thanks .
Does IIROC know you have become an Investment Advisor?
Jealousy becomes you.