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Message: Copper ‘the real gold’: Friedland

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Re: Copper ‘the real gold’: Friedland

in response to Re: Copper ‘the real gold’: Friedland by resourceFULL

posted on Nov 28, 08 06:43AM

Yes, it appears copper has a nice backdrop for price stability. This is important - its good to know a resource were looking for wont crater in price (most likely). Other commodities such as nickel have completely imploded, so its hard to go ahead with projects if the price is in the tank. It happened today with an oil company (CPE), where they decided to scrap a big oil project 'cause the price of oil dropped too much. Down 70% today.

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