Agoracom: Small Cap Investment - Copper Fox Metals Inc. - METALS-London copper firms on output cut ahead of holiday

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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METALS-London copper firms on output cut ahead of holiday

posted on Sep 30, 2015 08:17AM

Something positive... I guess.

"Meanwhile, China has decided to halve sales tax on small cars from Thursday, boosting local auto shares, as the government tries to revive growth in the world's largest car market, which fuelled a recovery in Asia's stockmarkets."

"It estimates transportation accounts for 10 percent of China copper demand. A 2-percent increase in auto sales would push up copper demand by 37,000 tonnes this year, 100,0000 tonnes next year and 166,000 tonnes in 2017."