Eshmun Good article. I've been bullish on copper for a while now...

Eshmun

Good article. I've been bullish on copper for a while now (since when it was under US$2/lb). If I'm a hedge fund manager working in Wall St Goldman Sach when copper was at US$2/lb I would have taken US$500 m to 1 billion bet on copper futures contracts for my clients with stop loss of course. Futures contracts usually leverage in multiple eg 10X. By the time you read the article about copper price, it is already too late. Smart money already moved in.

If Nth Korea doesn't get worse, global economy growth IMHO we could be looking at copper price around US$4/lb (AU$5/lb). Trump might resign from office soon, not sure if this is good for the market or not. It might cause significant volatility due to uncertain future. But not as if Trump can get anything done or make new policies in the White House.

Than IMHO PEX share price should rocket especially with more high grade results like 16% copper. May be to above 50c+, just have to wait.

Just IMHO