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%)
AGORACOM NEWS FLASH
Dear Agoracom Family,
I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.
As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.
To this end:
1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.
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Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!
Sincerely,
George et al
Message: Copper Demand
Why Chinese Copper Demand Could Come Booming Back
- But Sijin Cheng at Barclays writes that grid spending could "help dispel" concerns about Chinese copper demand.
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China's grid companies invested 40 billion yuan (about $6.4 billion) in the first two months of the year, up 22% year-over-year. This comes "despite a high base; in January-February 2013, [when] investment rose 44% from a soft 2012."
While some cable providers reported "sharp slowdowns" in the Jan-Feb period, Cheng attributes this to "the temporary mismatch in investment and orders. ...As orders are executed, however, copper demand could begin to improve sequentially."
Cheng says "two major gridcos both expect to invest 13% more than last year. It's unclear if he's referring to China Southern Power Grid Company Limited and the State Grid Corporation of China. "Energy regulators have been urged to accelerate the approval of ultra-high voltage networks, which could boost investment."
"If gridcos meet these targets, we expect the growth from the power sector, which accounts for more than 40% of China’s total copper consumption, to help offset headwinds from other sectors such as property," Cheng writes.
Read more: http://www.businessinsider.com/why-we-cant-write-off-chinese-copper-demand-2014-3#ixzz2wvIJcKIL
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