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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Copper price predictions
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This excerpt from a Rick Mills article sounds promising for copper prices.

 

https://www.mining.com/web/copper-juniors-gravitating-towards-new-area-play/

 

The bullish copper fundamentals have several international banks predicting copper demand and prices will keep rising. Citigroup is predicting a 2.6% jump in Chinese copper consumption next year, due to investments in the power grid and fresh automobile demand. BMO and Goldman Sachs, the renowned investment bank, are most sanguine on the copper market, with Goldman seeing prices heading to $3.17 per pound in 2020, and BMO forecasting a long-term copper price of $3.25/lb.

 

GLTA

herbie1 

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