On Track for a New Mine

Discovery and development of precious metals - New Brunswick & Manitoba

Free
Message: News
..listening recently to a talk on why analyst peg copper as a go to to have for a trade. Through World sporting games, Russia, Qatar and India well each be spending billions on infrastructer and communities at the same time as China . Analyst project the large 3 copper producers to have 15 % deduction in production in the next two yrs while no new capacity is coming on line. Recent floods down under and turmoil in Peru and Chili also cuts inventory. Talk was of a 6 wk average Global supply to deplete to a 2 wk supply in 6 to 8 months and then copper becoming depleted as the 3 Countries having to buy for their commitment to hold the games. Silver has seen recently wheir the spot price is staying higher then the future price, again , mention of new uses for silver are expected to carry prices alot higher. Plasma TV ( 44 gr ) , Cell phone ( .27 gr ) Solar panel ( 17 gr ) new alloys and electrical contactors all to add to demand. Expect to see new hedge Funds get in the silver game as Gold goes higher.........Puma "s drill core looks good to this point, i guess Sprott must see some good up side here since he is big into silver......... PS ; not ment to be a pump, i just love the story and the upside potential. Traps7
Share
New Message
Please login to post a reply