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BCL often spoken of as a copper miner. We know it's Ni/Cu and...

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  1. 587 Posts.
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    BCL often spoken of as a copper miner. We know it's Ni/Cu and perhaps buyers will be interested which may improve the outlook for BML indirectly. An article mainly about Robert Friedland's Ivanhoe/Kakula/Congo generally is of interest because of very bullish comments about the upcoming price of copper with expectations of a doubling. A couple of short quotes:

    Copper is the most strategically important commodity on the planet,” Gait said in a phone interview Thursday from London.
    "Gait believes copper prices could hit $10 000 a ton within “a couple of years.” The metal for delivery in three months declined 1% to $5 842.50 a ton at 3:05 p.m. London time on the London Metal Exchange on Monday."

    "the copper price will more than double.”

    Full story (and well worth a read if you are interested in Ivanhoe):http://www.miningweekly.com/article...as-market-bets-on-congo-motherlode-2017-01-31

    Regards.
 
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