"Lumina Copper has become one of our main success stories this summer which we have shared with our fellow travelers."
Ryan Puplava has written a very good article on sector rotation and its timing. It is time for the investors crowd to move into Basic Materials sector, which is still lagging the performance of other high flying stocks. His observations are confirmed by the breakout this week in Gold and Silver markets. Don Coxe was talking about turn around in commodities in August and FCX has never looked back on the cart below.
Chinese groups bidding now for Las Bambas copper project in Peru shows the real state of the market, when China implements its long term state level to secure strategic commodities for its growth and diversify from US Dollar denominated assets.
"In these particular Investment Plays we are substituting geological risk with geopolitical. It is our Tenke 2.0 with Lukas Lundin all over again. Now the "Chief Owner" is Mr Gold Corp - Rob McEwen with his stake of 25% in McEwen Mining. At stake is Los Azules Copper project with its almost 20 B lb of Copper safely kept under the ground in the great country of Argentina.
Lumina Copper with its Taca Taca deposit in Argentina is in a break out mode with closing above CAD6.29 today and indicates that proud Argentines deserve a better economical life as well and we can witness return of very pragmatical political approach to the mining very soon now. Lets dig out what these Elections are actually all about."
Ganfeng Lithium Co. Ltd. Exercises Option On International Lithium Corp.'s Blackstairs Lithium Project, Ireland ILC.v, TNR.v