Kaz Minerals Share Discussion Threads

[arja] 06/7/2018 12:38

highly unlikely I think but anything is possible in markets and the trump effect !

[book5] 06/7/2018 11:36

copper shortage in two years.
the bottom could be much lower, we don't know

[arja] 06/7/2018 11:26

possible as now crept under the 800 level but really all depends on what copper price does !It couuld suddenly rally and catch us out

[arja] 06/7/2018 08:27

mining stocks now all or most in negative territory after a good start !

[arja] 06/7/2018 08:22

evrry little bounce in copper seems to be sold into and no real sign yet of a solid recovery but bound to happen in time . Until then, stocks like KAZ are simply trading stocks

[edjge2] 05/7/2018 09:30

Someone mentioned support at 8.05 and that was low just after 8am so got my adder excited when 1% added steeply later.

[fangorn2] 05/7/2018 08:56

Copper May Need a Very Hot Chile to Save it From a Cool China
This note by Benjamin Dow for Bloomberg may be of interest to subscribers. Here it is in full:

Looking at LME copper's current price levels, ie near a 10-month low, it seems it would take more than the risk of labor conflict in Chile to keep the red metal from slipping further to $6,000 per tonne -- especially considering the state of the Chinese economic path, which is currently searching for answers.

Verbal intervention in the tumbling yuan and the do-or- don't nature of the deleveraging debate don't give copper longs much of a handle to grasp. In addition, there's the tense wait for the global trade-war boot to drop, and the fact that copper has risen for seven of the past ten quarters. Chilean mine strikes may have to be acrimonious and long to save Dr. Copper.


Eoin Treacy's view
China is the world’s largest consumer of industrial resources and its markets are currently in a state of flux as measures to contain speculation are being complicated by worries about trade tariffs. Meanwhile the trend of workers demanding higher pay is not isolated to any one country so there is scope for labour disruptions but that is a not a predictable outcome.

[edjge2] 05/7/2018 07:58

copper being taken down for open. Big profits available to end 2018 IMO. but at 9:30am seems to be bouncing a bit.

[book5] 05/7/2018 06:28

Negativity building up - Trump, commodities
People will collect profits and wait behind the fence
News may bring extreme Volatility

[rampant_bull] 04/7/2018 15:38

Sub 800 a good time to get back in or wait for to see where cu is heading

[edjge2] 04/7/2018 15:00

copper still drooping.

[tradejunkie2] 04/7/2018 14:18

Very weak kitty cats. Need more time to understand if the bottom is developing

[arja] 04/7/2018 14:18

sadly now gone under that 290 or so chart support and hit 284 in last few minutes . hard for KAZ to resist and I guess Trump's protectionsit measures are not helping !
KAZ chart support at about 805 and then 750 and 700 as worst case scenario. But will not go down in a atraight line and will be rallies I guess .

[edjge2] 02/7/2018 08:51

Suppose july may be nadir for metals, oil already on a run.
Copper at 290 showing signs of levelling?
Arja bounce point 4 times lets hope so.

[arja] 02/7/2018 08:24

eiuropean markets starting to follow US again and hence backn to normal times . With dow futures getting hit and copper off a bit , the bears are in charge sadly .

[arja] 29/6/2018 13:14

purely from a cooper chart viewpoint, this 294/295 area has been a turning point 4 times in the past and perhaps a good omen for KAZ

[amunro] 29/6/2018 09:01

So for the day traders: hit the bottom and heading on another up cycle?

[arja] 28/6/2018 15:01

maybe but probably not until copper price recovers which cab not be far away - wish i had a shorting mentality !

[edjge2] 28/6/2018 14:07

wise not chart sensitive IMO. Stonking buy arriving IMO.

[arja] 28/6/2018 08:40

might well have done but I wait fof thecopper price to show signs of life and reverse it;s short term downtrend edjge2 .

[edjge2] 28/6/2018 07:58

Geoinstability to work tother way, just wonder if this bottomed 26 June, hindsight an amzing but useless tool.
On reversal plenty of profit available.

[amunro] 27/6/2018 09:35

Suppose Trumps trade war is putting the jitters on commodities, especially those heading to China. Thx Donald!

[edjge2] 27/6/2018 08:46

arja gary's posted again re gold maybe not so long to wait and this on free site rather than paid for.