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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

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Message: The Global "Scramble Afoot"

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Where's the link?

posted on Jun 21, 09 12:18AM

Sorry, I pasted in the entire link, but it doesn't seem to take...a bit more debugging needed?

Anyways, you can find the Roulston interview at the 2:45 slot on June 19th at BNN's site.

If you long base metal plays...it's highly recommended.

Final thought:

Go back to late 2008 early this year base and metals were completely out of favour with many analysts and a lotof newsletter writers. Casey Research in particular were trashing them, thought to be fair, they were long term bulls.

But LT is never defined as six months. Copper has been one the best perfroming commodities over the past half year or so.

And while we're still way off relatively recent record highs of $4, we seem to be stabliling at over 2 bucks. Pinch yourself and recall copper traded much of the last decade at some 90 cents. Current price levels are more than profitable for many copper producers.

Having said that, base metal juniors are trading at well below their net present values and could be takeover candidates for larger mining companies.

Companies like Hud Bay are sitting on $600 million in cash. And the Chinese...they're not just buying physical copper they've been making strategic acquisions in miners themselves.

Hmmm...what's BCU's market cap again?

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