I agree with you. Most of the "easy" copper has been found and companies are having to depend more on technology and lower grades to supply our future needs.

As a friend said to me regarding my previous post, "Ask him WTF Highland Valley deposit has been to Teck on the ledger books for the last 50 years."

Not sure if I agree with a previous posters comment that Ernesto made a huge mistake and now he has no other option. I don't think guys like him generally make mistakes like that. I also think he has the influence to nudge things along if he were to get irritated - in one way or another.

Anyway, nice to see some life in copper over the last couple of weeks. Let's hope the rally is sustained.