Copper Company?

[macduffy]

This one looks even better!

http://www.infomine.com/investment/m...art&x=usd&r=3m

[Dr_Who]

Copper can go to $2.50.

[biker]

Any company with pure copper mining that is currently producing?

Cheers

PNA, but it gets a bit of gold and silver in the process.

PNA up 160% since this post on 4th March

[Dr_Who]

Australian share market rises with positive Goldman report on raw materials

MINERS held the share market in positive territory this afternoon after a bullish research report on the raw materials sector.

The S&P/ASX 200 was up 4.3 points, or 0.1 per cent, to 3742.2 and the All Ordinaries was higher by 4.6 points to 3739.9.

BHP Billiton gained 0.4 per cent to $33.99, Rio Tinto added 0.4 per cent to $64.34 and Newcrest Mining advanced 2.1 per cent to $32.04 after Goldman Sachs JBWere recommended investors increase their exposure to the raw materials sector, saying the worst was over.

“It seems to us that the worst is over in terms of demand for raw materials,” Goldman analysts said in a note to clients.

“Globally, de-stocking is well advanced, and the re-stocking cycle, which is already well under way in China, will follow in other key markets. Investment interest in commodities as an asset class is regaining some momentum.

“This suggests that we have also seen the bottom of the price-cycle for base metals, and particularly for copper, which remains the most supply-constrained, and therefore our preferred, commodity for investment exposure.”

http://www.theaustralian.news.com.au...-36418,00.html

[macduffy]

More copper news, doc.
Here's a report by Macquarie Bank on the copper market.

http://www.theaustralian.news.com.au...005200,00.html

[Hoop]

Hoop has enjoyed this Copper party for the last 3 months.. ..hate it when I start seeing it in the Newspapers.

[Hoop]

Copper can go to $2.50.

Yes Dr W it can..and from a simple chart point of view it seems it has a good chance to get close to that mark (solid black line).

[macduffy]

Sorry, Hoop, but it's still making the papers!



http://www.theaustralian.news.com.au...005200,00.html

[macduffy]

Another one for the doc.

http://www.theaustralian.news.com.au...005200,00.html

[Dr_Who]

Thanks McDuffy.

By the time the Chinese have finished buying, the economy would have picked up and steaming ahead. The other countries will have to pay a huge premium for the stuff. The new economy which will largely rely on electricity will require alot of copper. Thats why I am hanging onto my copper stocks. For the long term baby.. for the long term, oh yeah!