1)Paul Robinson, Director of CRU Group tweeted:"Funds start...

1)Paul Robinson, Director of CRU Group tweeted:

"Funds start buying into the c o p p e r recovery story."-Reuters

https:/twitter.com/BaseMetals/status/1105553779355725824 6 mins ago, Tues, 12 Mar 2019

2)"Copper rises ahead of China data via WSJ."- 2mins ago, Tues, 12 Mar 2019
https://twitter.com/clairenfc/status/1105555517357862912

3)"Copper the talk of the recent BMO Mining Conference in Florida."-12 hrs ago, 12.3.19
https://twitter.com/SML_Minerals/status/1105381965467836416

4)"Goldman see copper in " s e v e r e d e f i c i t s " starting from 2023. It is happening even before the switch -the real mass scale transition to renewable energy generation and when electric cars will affect millions of households all over the world. " 11 Mar 2019 Link: https://twitter.com/kirillklip/status/11051835170011513345
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<>Solgold*s Alpala, Cascabel, Ecuador.
From the Solgold Mar 2019 presentation on www.solgold.com.au , it was stated that the capex is US$3 billion [US$3.5b earlier stated by JP Morgan in their note]. Solgold has mentioned this is due to the infrastructure cost savings.

Tribeca has said that they wanted Rio to buy Solgold*s Cascabel at US$1.5 billion.

Per the link I posted earlier re: Cobre Panama, the capex was US$6 billion although some other projects cost even more.

So, if one adds US$3 billion + US$1.5 billion = US$4.5 billion, so lots of $$ give for the majors due to the capex advantage?

Comment:
Investors await the Solgold Alpala Preliminary Estimate Resource [PEA] statement to come in Q1, 2019 as per the said presentation.

Newcrest takeover of Red Chris was US$804 billion [copper gold] a day ago [70% stake]. An article grossed it to US$1.2 billion [100% value of project].

Today, Newcrest did a US$65m JV with London-listed Greatland Gold [Havieron, Paterson Province, Western Australian project].

Cornerstone Resources investors in Canada via their forum are wondering who Newcrest will takeover next. From an article I posted, it was said that Newcrest was interested in a few Tier 1*s and a few Tier 2*s.

Tues, 12 Mar 2019