nowwhat2
4 years ago
Hey good question - And to tell ya' the truth ? - I do not know (what the status of Highland Valley actually IS nowadays) !....
Apologies for writing that it's still a huge operation !
I've tried to research it in the past but gave up.
It's just ridiculous - One can't use Google anymore to research stuff - All one gets are magazine ads / articles / useless format
https://www.google.com/search?rlz=1C1YQLS_enCA777CA777&biw=1108&bih=509&tbm=nws&ei=BOmeX_bYOIr2-gSx2qaYCQ&q=highland+valley+copper+status&oq=highland+valley+copper+status&gs_l=psy-ab.3...0.0.0.10993.0.0.0.0.0.0.0.0..0.0....0...1c..64.psy-ab..0.0.0....0.XtUy-2EXzBY
highland valley teck https://resourceworld.com/teck-resources-hit-by-lower-coal-copper-output-in-q3/
Copper production in Q3 fell to 69,000 tonnes from 75,000 tonnes in Q3 2019 due to weaker performance at Highland Valley, British Columbia and Carmen de Andacollo, Chile.
The decrease in production at Carmen de Andacollo was due to lower ore grades, as expected in the mine plan as well as reduced mill throughput caused by longer than anticipated maintenance shutdowns. The decrease at Highland Valley Copper was primarily due to lower mill throughput as a result of processing harder than expected ores.
Perhaps interestingly -
Here on this page one can find a giant list (of 400) copper players (with their US symbols)
https://ceo.ca/hdrsf
Anyways, this recent resource "Boom" as I was suggesting earlier ?
Is strongly (I believe) just US dollar-related.....
Just gotta continue monitoring the Aussie and Canadian (resource-based) currencies....
That plunge from the Aussie high is what generated tons of excitement - and now it looks poised to reverse.....
nowwhat2
4 years ago
Yeah yeah - That's right (formerly Dunedin, etc,, etc.) How by drilling deep made "all the difference", ha-ha).
Thanks for the dd reminder(s).
Don't understand what y'meant here however : "sounds like Teck Corp is getting paid for their copper big guns.";...For haven't they merely adopted a financing role ?
Something about that chart says the market knows something....?
Yeah like same thing with GIGA and LAC and other battery metals' pullback :
Which I suspect has something to do with this : (the topping of a commodities cycle as indicated by a surging US Dollar) https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159237239
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159238352
Y'see, 2 months ago copper poked out of this downtrend......which could be why coverage has become so bullish
10 sessions ago :
Since then $ has been climbing / Commodities pulling back
Nickel is almost a similar story : September 2nd :
Middle of last week :
GREEN ARROW UNLIKELY BECAUSE OF RECESSION !......ETC. ie. perhaps Politics / Covid-19
Whew - What a Drama - As evidenced by charts !
Above chart's from September 2nd
Election eve 2 sessions away !
October 22
Few days later - Hits low of 12.30 - Then rebounds by 10 %
Next day FALLS by 10 % (am)