Agoracom: Small Cap Investment - Liberty Star Uranium & Metals

Mar 20, 2015 11:32AM

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valuepro

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Re: POC (Price of Copper)

in response to

posted on Mar 23, 2015 04:17PM

Uh, maybe I missed it, or you are looking at futures prices again. I see $2.78 at present.

If you are watching futures prices, that means next to nothing in the mining business. It's like buying soybeans or pork bellies. Miners are valued on past production, and anticipated future prodution based on spot prices.

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