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: Copper on Bloomberg today

IDK how many here understand how the futures markets work. Everyone is entitled to their opinion on the copper market ( or any market ). Frieland is predicting a copper shortage this year and $9500 copper. But the best way to actually see the true market conditions for copper demand is by looking at the relationship between spot prices for copper and futures prices. Until we have whats called an inverted market meaning that the spot price is higher than the futures prices, current supply is sufficiently meeting demand. Hopefully for our sake the experts are going to be right but for now there's obliviously no panic buying of copper and until we start seeing inverted spot/futures prices....supply is meeting demand

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