Why this EXPERT predicts $7-$10/lb Copper Prices

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  • Опубликовано: 25 окт 2024

Комментарии • 54

  • @MiningStockMonkey
    @MiningStockMonkey  5 месяцев назад

    Want to see what I'm doing with my own money? Check out my newsletter: miningstockmonkey.com/products/vip

  • @MiningStockMonkey
    @MiningStockMonkey  7 месяцев назад +11

    Sorry for the poor video quality. I'm new to this interview software and used the wrong quality setting (I selected "auto" instead of "1080p"). I tried to add some other footage to make it easier to watch but I'll have that fixed in future videos.

  • @thejokerspeaks
    @thejokerspeaks 7 месяцев назад +7

    Great interview, keep the insightful guests and questions coming!

  • @thomasmeier4012
    @thomasmeier4012 4 месяца назад +1

    Very interesting and authentic interview. I'm in this business and have to say, the entire problematic or complexity of it has been put in a nutshell in this interview. Well done.

  • @bdp59
    @bdp59 7 месяцев назад +4

    Very good summary of the current and short term Cu supply/demand situation especially the complexity and the need for higher prices to stimulate new mine building. Given what your guest described have you taken a deep dive into Regulus Resources(REG) Antakori project in Peru? In a brownfield scenario, with 8 billion lbs of low strip Cu Eq and a major update due with neighbours who might want to consolidate the properties for a multi generational mine. Its hard to see many better priced prospects than this one. Peru for some reason gets this bad rap when in fact they are one of the more mining dependent countries in the world. Anyway thanks for the good presentation.

  • @paolovita1720
    @paolovita1720 7 месяцев назад +4

    The last time you had Christian Kargl-Simard on your show to cover Adventus I was skeptical and dismissive of his $8 copper projection, but this time he delivered a well-laid-out thesis. The whole electrification theme is still an uncertain bet, but it may be good for a portfolio to have optionality in that direction.
    Great content, as always, thanks!

  • @epiemg
    @epiemg 5 месяцев назад +1

    Great interview, great insight. Thank you both!

  • @crustyzimmerman3324
    @crustyzimmerman3324 7 месяцев назад +3

    Electrical grids are aluminum, yes there is copper but only at the on/off ramps, switch gear and transformers

    • @charleschoy2327
      @charleschoy2327 5 месяцев назад +1

      The overhead HV lines are aluminum. All other cables are copper. Far more than we can imagine.

  • @dassa0069
    @dassa0069 7 месяцев назад +1

    I have deep involvement in California-Engels Moonlight Valley rebirth and UP Michigan Copperwood Project. Both are in suspended animation.

  • @philjaykim8086
    @philjaykim8086 5 месяцев назад

    Useful video for the most part, and enjoyed watching it.
    It is strange that the expert confuses who is paying for the treatment charge at the 5min mark. TC/RCs are the fees paid to smelters by the mines, a key revenue source for smelters.

  • @beln33
    @beln33 6 месяцев назад

    Two things:
    1) love your videos, i learn a lot from them, thank you.
    2) At 5:50 the guy gives a wrong definition of treatment charge. It's the copper concentrate producer that pays the smelter, the smelter doesn't pay anything here. Treatment charges (TCs) refer to the fee paid by copper concentrate producers tosmelters for processing their concentrate into refined copper

  • @dassa0069
    @dassa0069 7 месяцев назад +2

    Cobre Panama should reopen before year end.

  • @Cutzamala
    @Cutzamala 4 месяца назад +1

    of course hes going to say most of his family money is on those two companies, hes ceo of aventus mining and chairman of surge copper.

  • @bobwins8128
    @bobwins8128 7 месяцев назад +2

    Thanks for the videos covering Adventus and Bluestone recently. I bought small positions in both today. It was harder than I thought. Not much volume in Bluestone. Had to inch up my bids to get any shares. Both stocks have appeal because they are fairly close to production. Adventus with the high grade copper project AND the big Condor gold project looks like a big winner and Bluestone also looks like it will be built. Appreciate your simple approach based on the proven management at both companies.

    • @MiningStockMonkey
      @MiningStockMonkey  7 месяцев назад

      Yeah, the shares are tightly held and they're pretty thinly traded over the counter in the US. Anytime I want to pick up more share I typically just put in a limit order somewhere around the bid and wait. It usually gets filled within a few days but sometimes takes a week or 2.

    • @epiemg
      @epiemg 5 месяцев назад

      ​@MiningStockMonkey, forgive me for being ignorant in the copper industry, but why not just stack copper bars? I understand it's heavy and takes up alot of room, but wouldn't the physical copper be more attractive to buy & hold? Is it harder to sell physical copper than gold/silver?

  • @b4bmm
    @b4bmm 7 месяцев назад

    What about Sesabridge for copper, tier 1 permitted in BC looking for partners?

  • @PhysicalCoppercollector
    @PhysicalCoppercollector 5 месяцев назад

    I really hope so. I have so much physical copper

  • @midnighttrader2180
    @midnighttrader2180 7 месяцев назад

    What are some good copper stocks and or ETF's?

  • @jeanpaulfelix4095
    @jeanpaulfelix4095 6 месяцев назад

    I am from 4 weeks in the future. Copper breakout underway.

  • @tesskansas
    @tesskansas 5 месяцев назад

    50 USA dollars a pound easy within 5 years as a guess. Had intuition for $50 a pound over a decade ago.

  • @PhysicalCoppercollector
    @PhysicalCoppercollector 7 месяцев назад

    I'm sitting on +300kg of physical copper. I don't think I'll recycle it because I think Ev's are bad.

    • @hdp756
      @hdp756 7 месяцев назад +1

      What 😂

    • @PhysicalCoppercollector
      @PhysicalCoppercollector 7 месяцев назад

      @@hdp756 I keep accumulating physical copper. I will burry it in a hole and forget about it

    • @PhysicalCoppercollector
      @PhysicalCoppercollector 7 месяцев назад

      @@hdp756 I will dig a hole and remove it from circulation forever

    • @PhysicalCoppercollector
      @PhysicalCoppercollector 7 месяцев назад

      I'll remove the copper from circulation forever

    • @hdp756
      @hdp756 7 месяцев назад

      You don’t even have a ton of copper. That’s nothing. That’s not gonna stop EVs

  • @dassa0069
    @dassa0069 7 месяцев назад +1

    Perhaps,, after the current rolling depression ends.

  • @chrissadler1329
    @chrissadler1329 6 месяцев назад +1

    I really like Oroco Resource Corp. Ticker ORRCF on OTC and OCO.V on CNDX. Large copper deposit in Mexico.

  • @galvinstanley3235
    @galvinstanley3235 6 месяцев назад

    Maybe our government should make copper ingots,and store them away.

  • @marcmason9474
    @marcmason9474 7 месяцев назад

    Foran and Gold mining inc?

  • @gogudorel7550
    @gogudorel7550 5 месяцев назад

    ``it will go ton 7-10`` translation ``we will push it to 7-10 so that we eliminate all bears and then we let it fall and say that we dont know what happen``

  • @ExploringWater
    @ExploringWater 6 месяцев назад

    Eldorado gold?

  • @harmtimmerman9309
    @harmtimmerman9309 6 месяцев назад +1

    Wrong. Moving to hydrogen not ev

  • @brianrichards7006
    @brianrichards7006 5 месяцев назад

    I'm not optimistic about EV adoption anytime soon here in the US, so if your thesis is on rising Cu prices, stick to Rick Rule's advice. For me, it's only Oil, gold and Uranium.

    • @darksunrise37
      @darksunrise37 5 месяцев назад

      Data centers could be pretty big actually, not exactly sold on EV adoption either

  • @Cutzamala
    @Cutzamala 4 месяца назад

    oh damm i watch your mexico videos haha

  • @johntynio3416
    @johntynio3416 5 месяцев назад

    High-Line wires aren't copper! Thanks!

  • @Navak_
    @Navak_ 5 месяцев назад

    AI and China are the main reasons to be bullish on copper...? AI is overhyped and China is declining. Sounds like I should short it...

    • @arg_anurag3168
      @arg_anurag3168 5 месяцев назад

      ruclips.net/video/2N15LKMDD-Q/видео.htmlsi=jjYF7_2LhUPDDyNi
      Copper definitely going for 7$

  • @gregpalmer67
    @gregpalmer67 5 месяцев назад

    “Expert”. 😅

  • @paulwebster1835
    @paulwebster1835 7 месяцев назад

    Transition to 48volt instead of 12 volt in cars will reduce need for copper in cars

  • @damonmelendez856
    @damonmelendez856 6 месяцев назад

    2:23 trying to further ‘develop’ the 3rd world is extremely irresponsible during g a global climate crisis, no?

    • @MiningStockMonkey
      @MiningStockMonkey  6 месяцев назад +2

      Who are we in the western world to prevent poor people in other countries from improving their lives? They want to live like you and I live. They want to ride a bicycle instead of walk. They want to buy a moped instead of biking. They want clean drinking water. They want to be able to consume 2000 calories a day instead of 1200. They want to have a life expectancy of 80 years instead of 55. They want refrigeration, they want reliable and affordable electricity. The developed countries are the ones responsible for most of the carbon in the atmosphere, not them.