Most reports indicate copper will recover.
The price of copper has dropped 10% in the past 5 days and it set off a bit of a panic. It looks like China is deliberately letting things go but they are managing it so there won't be a collapse.
I feel like the proverbial sitting duck with this stock in copper.
Today probably doesn't have anything to do with the JV, it just seems we can't win with news. I hope the Van Dyke info gives us a better idea of what we're dealing with there and if there is anything to be optimistic about. It is supposed to give us about 1.2 billion pounds of copper.
It's not that I'm keen on the project necessarily, but I am keen on any story that can be told to promote this stock that doesn't swing in the wind on Teck's hidden agenda.