I think a lot of thesse analysts aren't taking into account the new reality of the Chinese stock market. The sudden drop in January was because the Shanghai Chaos fund sold their position while the markets were closed in Europe and the US. Now we are seeing the manipulation of copper for other reasons by the Chinese investors.

These analysts seem to be talking about the growth of the Chinese economy and the supply factors. That seems to be old school now. We've got a huge new influence and it is anybody's guess what is going to happen.

Ultimately though there will come a time when supply will become a deficit. That was supposed to happen around 2017 but maybe it will take until 2018. If the price of copper gets tossed around then there might be a few miners who have to drop production.

China has always used copper as a trade in the way that other countries use gold. This has helped us in the past but it looks like we're about to take a hit for the same reason.

The sale of Zaldivar should give us quite a bit of information. First, will it be a Chinese company that buys it? Don Lindsay seemed to be indicating that they were out of the running. Secondly what is a producing mine selling for currently per pound in the ground? Manipulating the price of copper on the stock market is one thing, but the real value is more likely to be revealed through M&A. That is our interest too, after all.