- Joined
- 19 October 2007
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Bad news on Copper pricing, with it hitting a 3 month low I beleive!
I was also reading there is expected to be major overcapacity in a few years time, with current oversupply already out there.
Not a good sign for long-run copper prices! Only bad news on EQN so far, need copper demand in Europe and the US to pick up again!
Is this what is causing the disappointing SP at the moment?
I can't believe how much this stock is being pumped compared to the rest of the resource stocks... 2 out of 3 days with 6 - 7% losses