Copper Dev Share Discussion Threads

[leoneobull] 08/2/2012 15:39

what do people make of this comment? a negative slant but the proactive art. suggests that copper grades are surpassing their earlier expectations???

Libertas
February 08, 2012 -
Today's Top Story

[philjeans] 08/2/2012 09:01

Yes - by end of this month.

Hold tight.

[leoneobull] 08/2/2012 08:51

looking good for a sustained rise once JORC out!

[philjeans] 08/2/2012 08:01

More very good drill results out today; should keep the pot boiling.

[philjeans] 07/2/2012 09:01

Feasibility study next month which should put a rocket under the shares - steady upwards track until then.

[philjeans] 06/2/2012 17:06

Leo - thanks for that - very compelling; as we know!

[philjeans] 06/2/2012 10:02

Confident BUY there of 150k.

Anyone care to give a summary of the RHPS tip please?

[philjeans] 06/2/2012 08:09

Just started on the long road back - UP!

Hold tight.

[leoneobull] 06/2/2012 08:05

we will be in top risers today..IMOV.

[leoneobull] 06/2/2012 08:03

up 15.6% - no RNS. Lovely jubbly. £1.02 by June

[nw99] 06/2/2012 07:58

trading up already !

[gerryjames] 06/2/2012 07:56

So it should, it's been overlooked, this one.

[deejay007] 04/2/2012 10:26

Tipped in RHPS

[jotoha2] 28/1/2012 18:24

News monday/tuesday latest , then a nice rise to 48p within a couple of weeks.

[leoneobull] 28/1/2012 11:13

Copper Development
January 25, 2012 -
Corp Fox-Davies Capital
Buy target:£1.02

[leoneobull] 28/1/2012 11:11

Article in FT thurs about price of copper being at 3 mth high. This makes CDC's projects much more attractive...considerable profits from a copper price of 8500US/ tonne.




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"Sales of copper to China are currently at the highest we have seen over the past year," a senior executive at a large trading house told the FT. "Credit is easing in China and that correlates at a later stage with stronger growth."
The change in credit conditions in China, the largest consumer of commodities from iron ore to soyabeans, has helped to reverse the gloomy sentiment among natural resources investors that took hold in the final months of last year.
Copper, one of the sector bellwethers which counts on China for 40 per cent of its demand, has rallied 16 per cent in the past six weeks and on Wednesday touched a four-month peak of $8,455.25 a tonne.
Investor positioning in the US futures market last week turned bullish on the metal for the first time in two months, according to the Commodity Futures Trading Commission.
China's imports of refined copper hit a record in December, and traders and analysts expect imports to remain strong in the next few months, although they are likely to drop slightly due to the lunar new year holiday that ends next week.
In particular, traders said that "letters of credit" (LCs) – debt instruments commonly used to finance trading – were becoming more readily available in China. "We're hearing from various areas that they expect after Chinese New Year to have more capability to open LCs," said Simon Collins, head of refined metals at Trafigura, the second-largest metals trader.
That shift has prompted an increase in the number of traders using commodities imports to raise
money – reselling them quickly to use the proceeds to invest in other ventures before repaying back the loans – a practice common in 2009-10.
"All these people are using copper as a form of collateralised borrowing," said Michael Jansen, metals analyst at JPMorgan.
Nonetheless, the easing in credit conditions remains gradual. Ric Deverell, head of commodities analysis at Credit Suisse and a former economist at the Reserve Bank of Australia, said: "They wanted to slow things down; they did slow things down. Now they've got the economy to where they want it they are easing policy. It's not stimulus, it's just taking the foot off the brake."
Moreover, traders remain wary of the potential for fresh turmoil in the eurozone debt markets to derail the commodities rally.

[leoneobull] 19/1/2012 19:01

a good presentation...big impact of a relatively small increase in price of copper as to project profitability!

[duxy786] 15/1/2012 17:29

Shoot...we heading back down again....was hoping we didnt hit a ceiling on buying before 23-24p!!!

[wiseacre] 12/1/2012 15:31

The late bargain of 100,000 shares must be a purchase. Can't see this stock going down from here but considerable upside with further JORC resource update expected by end of the month.

[duxy786] 10/1/2012 20:44

with the current share price at 20, getting £1.20 would br a high price to pay for any sale, however, getting 60-75p is reasonable. Any buyout will acquire the shares (up to 30%) on this market before approaching with an offer, this hasn't happened yet.

In terms of chart, we have hit the peak and bounced on the upper trend line. It will test a lower support to what we are today, but not much lower. 19.5 - 20p before looking for a much higher level. If it breaks 19p and goes lower, we may be heading down again which is not going to be good. Never thought I would see this at 15p but it's happened, if it breaks the 19p support, expect to break 15p and go lower...something not worth thinking about!!!!

[leoneobull] 10/1/2012 18:28

2014. but the CEO has made clear they are willing either to sell on or go for a JV. If we could see £1.20 on these it would be nice since i could recoup losses elsewhere.

[deejay007] 10/1/2012 14:00

Has the company got an estimated time for start of production (I couldn't find it on the company website)- or is the plan to sell the resource/mine on ?