CHN 1.79% $1.14 chalice mining limited

Same as usual, us 10 yeild treasury went up ! big sell off in...

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    https://hotcopper.com.au/data/attachments/6126/6126319-9ab213433fd00a8467e234156d035c43.jpg
    Same as usual, us 10 yeild treasury went up ! big sell off in palladium !

    https://hotcopper.com.au/data/attachments/6126/6126322-0c8df49f6bebd4cd27f3a1719033922d.jpg

    I reckon Palladium will still reach 2000, us inflation is still zooming up ! It looks like the us economy is slowing down, only 1.6% in q1 gdp !
    Palladium at 992 isnt too bad, was 1050 only couple days ago !


    Copper is just so cheap !!!
    I think that it has or will become the new oil, as the world moves to electrification !
    a lot of the high grade copper mines are old, very few new copper mines, mean while lots of ev cars and wind turbines !
    copper is also hard to make money and scale compared to oil + gas, coal, you need lots of capex for not a lot profit !!!
    bhp is going to turn copper into a $$$$$ just buying buying up the best high grade copper mines from anglo !
    bhp has only two world class copper mines - escondia and olympic dam, so they taking advantage of the higher copper prices and buying anglo for cheap !



 
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