Yes, but a good time to buy! The Trump Trade Wars aren't helping any copper stocks at present.
With Tshukudu constantly hitting grades between 1%-2% over a wide area , with the highly mineralised NPF contact turning up nearly every time the drills go deep, with the stockwork veins at A4 jam packed with chalcocite and bornite, then with T20,T23 and T4 (2m of 6.1% Cu & 111g/t Ag) and the AEM tech not missing a beat, then I'm smiling! Copper is needed more than ever to feed the inevitable and growing well documented exponential global demand. Patience is our friend.
Chile once held the crown for the Copper King, but with falling grades and growing labour and extraction costs, by comparison the MOD/MTR JV in the Botswana emerging Kalahari Copper District is looking like one to invest in.
MOD Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held