There are only a few commodities that have a projected deficit...

There are only a few commodities that have a projected deficit within the coming 2-3 years and onwards. If MGX was to pick up a good long life copper/gold project either operational or in the development stages the market would definitely re-rate MGX. I read an article a few days ago that indicated that the stressed miners (Glencore, Anglo etc) are putting everything up for sale bar the tier 1 copper projects. BHP & Rio's future strategies are for increased copper production to meet the expected deficit. The outlook for copper from 2018/19 is super bullish to say the least. The longer copper stays low and miners go under or cannot get finance for new projects the more bullish the outlook for copper.