I'm Bullish on Copper

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dan_s
Posts: 37348
Joined: Fri Apr 23, 2010 8:22 am

I'm Bullish on Copper

Post by dan_s »

US Copper Demand on the Rise.
Amidst a solid rebound in demand, the US copper market shows all signs of a supply shortage as backwardation on the forward curve continues to steepen, just as the London LME copper market is firmly in contango. Citibank estimates that Jan-May copper consumption in the US increased by 22% year-on-year.

Ero Copper Corp. (ERO) will announce Q2 results on August 4.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37348
Joined: Fri Apr 23, 2010 8:22 am

Re: I'm Bullish on Copper

Post by dan_s »

Ten minutes after I posted this the IR manager for ERO called and they want to host a webinar for us in late August. They are going to have some good stuff in their Q2 report.
Dan Steffens
Energy Prospectus Group
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