Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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: Re: Calm
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Now the question I have is why is copper taking such a hit if everybody is bullish on a super cycle… We haven't got back to the levels of three weeks ago

 

Normal consolidation in my view.  Its been happening at every fifty cents or so.  Please stand-by for the next leg up...

https://finviz.com/futures_charts.ashx?t=HG&p=w1

On the monthly chart copper looks like it is barely taking a short breather.   https://finviz.com/futures_charts.ashx?t=HG&p=m1


My question is why is Teck's stock taking it to the teeth this morning with oil up and copper holding firm?  Other copper plays are down on average about 1% but Teck is down 4% on heavy volume.

 

 

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