Re: China may lose pole position as copper price driver: Russell

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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d_man_123

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Re: China may lose pole position as copper price driver: Russell

posted on Aug 29, 2014 02:02AM

1.) Thank you for all the info that you provide to us.

2.) We are not a producer and short-medium price of Cu is "not importatn" to us/major who will put a GO sign over this baby. All we care about, at least for now, is what the future prediction of CU is (demand, prices...). If you browse through some presentations of few major producers all are assuming same thing. More demand and deficit beyond 2019. SO... As wise man once said: "Look at the bigger picture." We are not a day to day CUU share traders.

3.)You are right about that CUU share price could go even lower that it is right now. We all now how this works. If you don't have a "great news" nobody will believe that there is something more behind SC story.