IndependenceWay
8月前
Any tips for a new commodities trader?
I am new to commodity investing and would like to dip my toes into it.
I've been investing for a few years, and am fascinated with macroeconomics, and understanding how the world works in general, and how all the moving parts are intertwined.
I've read books such as "Reminiscences of a Stock operator" and thought Lefevre's 30,000 foot approach to predicting certain commodities will rise based on world events was really interesting.
So I wanted to ask, as a humble beginner:
What does your weekly / monthly commodity investing routine look like?
Are there certain news sources or aggregators that are good to glance over, that help filter out the "noise", and make it easier to make informed decisions?
For a US-based investor, are ETF's on the NYSE the best way to invest in commodities such as Copper, Coffee, Wheat, etc? How do you find the best investment vehicle for each commodity?
Many thanks in advance for any advice / tips.
NYBob
4年前
$JohnCM thanks; Copper expected to rise to record highs later this year
433 views•May 7, 2021
https://www.youtube.com/watch?v=BWkn07W7G1M
$Is there a buyers on the horizon )
It’s a perfect setup...
The reality is that the future looks pretty bright for
Nevada Copper Corp (NEVDF) or Hudbay with large copper properties
beside each other =
Likely profitable going forward and holding some excellent properties
in stable jurisdictions.
It is a perfect time for Barrick or ? to make a play for Nevada Copper
or/and Hudbay.
Ex...
Barrick has publicly stated that they are looking for a copper play.
Maybe soon to moon )
Russia elite billionaire taken large position with great future
foresight -
$China, Peru, and the copper bull market
12,351 views•May 8, 2021
https://www.youtube.com/watch?v=NGDmrKktevg
$Lucky NCU is only now bringing up High-Grade ore
We will now be selling high grade at these kind of prices
instead of the $2.75 or something that the original hedging
was done at.
)
$4.7570 +0.0398 +0.84%
21:44:03 - Real-time derived data. Currency in USD ( Disclaimer )
$Remember 65,000,000 pounds of copper per year soon to be burbing up
from the underground mine alone... U can do the math.
by Notgnu
$What’s Behind Surging Copper Prices?
3,186 views•May 11, 2021
https://www.youtube.com/watch?v=Uc9KfIPzp5A
Record High Metal Prices - Copper and Steel Demand Surge
417 views•May 9, 2021
https://www.youtube.com/watch?v=7qXSHwcUYQc
$Nevada Copper Corp (NEVDF) Analyst; Copper to surge at
least seven-fold before this bull market is
over ..... )
https://www.kitco.com/news/2021-05-11/Copper-to-surge-at-least-seven-fold-before-this-bull-market-is-over-Goehring-Rozencwajg.html
$Copper price hits 10-year highs; where is it headed from here? –
Gary Wagner
21,717 views•Apr 26, 2021
https://www.youtube.com/watch?v=VOhe4hQmGrE
$Nevada Copper Corp (NEVDF) First New Source of Copper Supply in the US in a Decade Comes Online
Contributed Opinion - New Mill 5000 t/d it would take 10-20yrs for
someone else to get permits , construction development etc. -
NCU got it, made it and its a Mother Lode Cu-Au-Ag bargain today -
for fiat peanuts- slave currency IMO!
$nowwhat2 thanks; Copper outlook just became even stronger >>> maybe $20,000 !
https://www.cnbc.com/2021/05/06/copper-is-the-new-oil-and-could-hit-20000-per-ton-analysts-say.html
$Copper's supply crunch will drive prices to $13,000 or even $20K - Bank of America
https://www.kitco.com/news/2021-05-05/Copper-s-supply-crunch-will-drive-prices-to-13-000-or-even-20K-Bank-of-America.html
$nw2 well it's long overdue for NEVDF to move to the Cu-BULL TOP -
to Ccpycat Ex...EXMGF's BULL-RUN - NEVDF MOVE UP ROCKET TO GOOOOOO )
$Nevada Copper Corp. starting Cu-Bull Run - TO ROCKET Back UP $6/sh++++ BLAST IT )
$Why has silver price not yet spiked from demand, but copper has? Lobo Tiggre
65,199 views•Apr 28, 2021
https://www.youtube.com/watch?v=6mgOPnZ1Vbc
$Nevada Copper Corp (NEVDF) RE: Converted to Canadian = $1.66 to $3.30 per share......
At $4.50 copper, 2.3 billion fully diluted shares and 70,000 TPD open
pit:
70,000 tpd X .005 copper equivalent X 88% recovery X 2000 pounds per ton
X 365 days per year = 225 million pounds plus 65 million pounds from
underground = 290 million pounds X ~ $2.50 profit = $725,000,000 free
cash-flow per year.
$0.725 billion p/year cash flow X5 multiple = $3.63 billion / 2.3 billion shares = $1.58 USD p/s
$0.725 billion p/year cash flow X6 multiple = $4.35 billion / 2.3 billion shares = $1.89 USD p/s
$0.725 billion p/year cash flow X7 multiple = $5.08 billion / 2.3 billion shares = $2.21 USD p/s
$0.725 billion p/year cash flow X8 multiple = $5.80 billion / 2.3 billion shares = $2.52 USD p/s
$0.725 billion p/year cash flow X9 multiple = $6.53 billion / 2.3 billion shares = $2.84 USD p/s
$0.725 billion p/year cash flow X10multiple =$7.25 billion / 2.3 billion shares = $3.15 USD p/s
$1.96 CAD to $3.91 CAD per share
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
$At $5.00 copper, 2.3 billion fully diluted shares and 70,000 TPD
70,000 tpd X .005 copper equivalent X 88% recovery X 2000 pounds per ton
X 365 days per year = 225 million pounds, plus 65 million pounds from
underground = 290 million pounds X ~ $3.00 profit = $870,000,000 free
cash-flow per year.
$0.87 billion p/year cash flow X5 multiple = $4.35 billion / 2.3 billion shares = $1.89 USD p/s
$0.87 billion p/year cash flow X6 multiple = $5.22 billion / 2.3 billion shares = $2.27 USD p/s
$0.87 billion p/year cash flow X7 multiple = $6.09 billion / 2.3 billion shares = $2.65 USD p/s
$0.87 billion p/year cash flow X8 multiple = $6.96 billion / 2.3 billion shares = $3.03 USD p/s
$0.87 billion p/year cash flow X9 multiple = $7.83 billion / 2.3 billion shares = $3.40 USD p/s
$0.87 billion p/year cash flow X10multiple =$8.70 billion / 2.3 billion shares = $3.78 USD p/s
$2.36 CAD to $4.72 CAD per share
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
$Current underground mine as a stand alone after ramp up:
65 million pounds per year x $2.44 ($4.30 - $1.86 = $2.44)
Free cash-flow of about $159 million USD per year at a conservative, low 5 X cash-flow multiple =
$793 million, divided by 1.8 billion shares = $0.44 USD = $0.55 CAD
by nozzpack
$Joecanada13 EnjoY Nevada Copper Mine; Ya big block buys going through - The new golden oil - Looks primed for another bull run ^^^^^ )
https://www.msn.com/en-us/money/markets/copper-is-the-new-oil-and-could-reach-15000-by-2025-as-the-world-transitions-to-clean-energy-goldman-sachs-says/ar-BB1fE8bx
https://www.cnbc.com/2021/04/14/goldman-says-copper-is-the-new-oil-raises-price-forecast.html
$Nevada Copper - Pumpkin Hollow Project Extract - will be the great new
copper, silver, gold mine - )
$Nevada Copper Provides Operations Update
April 21, 2021
View PDF
April 21, 2021 –
$Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF)
(“Nevada Copper” or the “Company”) provides a project update for the
underground mine at its Pumpkin Hollow project (the “Underground
Project”).
https://nevadacopper.com/news/nevada-copper-provides-operations-update/
Performance Highlights
First Stopes to Be Mined
The first stope will be mined in the East South Alphabets zone this week.
$The Alphabets zone is expected to carry copper equivalent grade of
approximately 2.5%.
Ventilation Expansion
The electrical upgrades have been completed and the fan bulkhead is in
the final stages of construction for installation of the remaining
underground ventilation fans.
Two additional underground ventilation fans, as previously announced,
are on schedule for installation in May, which should enable further
increases in underground development rates.
The surface ventilation fans remain on schedule for installation in the
third quarter of 2021.
Lateral Development
Lateral development in March increased 69% from February after the
previously announced electrical upgrades were completed.
Lateral development early in the first quarter 2021 was slower than
anticipated due to cautious progress through a water bearing dike.
Progress continues with penetration through the dike.
$Continuing to Increase Mill Throughput Rates
While we are still batch processing ore through the mill, we achieved a
weekly average of 4,700 tons per day (“tpd”) and maximum daily milling
throughput of 5,000 tpd during March.
Concentrate grade continues to be achieved that comply with off-take
specifications.
Concentrate grade has continued to rise, with an average grade of 26%
achieved in March compared to 24% during January and February.
The Company is on schedule to reach steady-state production of
approximately 5,000 tpd in the third quarter of 2021.
“We are pleased with the progress achieved in Q1 despite the challenges
with lateral development and we look forward to the imminent blasting
of our first high grade stopes,” stated Mike Ciricillo, Chief Executive
Officer of Nevada Copper.
“As well as advancing our stope development, we look forward to further
increases in underground development rates as we move closer to steady-
state production in Q3 this year.”
Qualified Persons
The information and data in this news release was reviewed by
Greg French, C.P.G., and Norm Bisson, P. Eng.,
for Nevada Copper, who are non-independent Qualified Persons
within the meaning of NI 43-101.
About Nevada Copper
Nevada Copper (TSX: NCU) is a copper producer and owner of
The Pumpkin Hollow Copper Mine project -
Located in Nevada, USA,
$Pumpkin Hollow Mine has substantial reserves and
resources including copper, gold and silver.
Its two fully permitted projects include the high-grade underground mine
and processing facility, which is now in the production stage, and
a large-scale open pit project, which is advancing towards
feasibility status.
NEVADA COPPER CORP.
http://www.nevadacopper.com
Mike Ciricillo, President and CEO
For further information contact:
Rich Matthews, Investor Relations
Integrous Communications
rmatthews@integcom.us
+1 604 757 7179
https://nevadacopper.com/news/nevada-copper-provides-operations-update/
https://nevadacopper.com/
$COPPER PRICE TECHNICAL ANALYSIS: DAILY CHART (MARCH 2020 TO APRIL 2021) (CHART 1)
$Copper prices have indeed found bullish resolution, with copper prices in
the past two days rising to their highest level since February 25 –
the day that the yearly high was established.
With a strong fundamental backdrop, the technical picture looks promising
as well.
Copper prices are above their daily 5-, 8-, 13-, and 21-EMA envelope,
which is in bullish sequential order. Daily MACD
$Nevada copper very Undervalued, oversold @ a bargain -
the Cu investors have not discovered Nevada Copper yet -
its a great opportunity, imo! )
Ex....
$Interview with Stephen Gill, chairman of Nevada Copper
Maurice Jackson of Proven and Probable talks with
Stephen Gill, chairman
of Nevada Copper, who discusses his company's copper project,
where the underground mine is ramping up production and
the open pit is fully permitted.
https://www.streetwisereports.com/article/2021/04/13/first-new-source-of-copper-supply-in-a-decade-comes-online-in-us.html
https://www.mining.com/goldman-doubles-down-record-high-copper-price-within-a-year/
https://nevadacopper.com/news
https://investorshub.advfn.com/Nevada-Copper-Corp-NEVDF-32771/
http://ow.ly/Ir5Z50EnREY
Iorich, Vladimir
Ex...
https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/vladimir-iorich-net-worth/
Ex. Iorich Vladimir bought in NCU for a much higher price and I am sure
he still will be doing very well on the LT longer term
Imo!
$Nevada Copper - Pumpkin Hollow Project Extract -
https://www.youtube.com/watch?v=fMZC65A7GPk
https://www.youtube.com/watch?v=rFw0OFaTHKs
https://nevadacopper.com/news
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
BlueAlien
8年前
Local mines endure despite low copper prices
The price of copper has been in a steady decline since 2011, due primarily to a decreased demand from China. There are signs that this trend may be experiencing a slight recovery. The Chinese economy has begun to improve, and demand continues to outpace copper production. Analysts are cautious, but optimistic for the copper price forecast. The copper price closing on Sept 13th was $2.10, up slightly from the start of the month, but it still hovers near a six-year low.
Copper has been an important factor in humanity’s development. The metal is soft and easy to shape, though it is too soft to be useful to make tools. The discovery five millennia ago that combining copper with tin will create bronze, a much sturdier metal, launched the bronze age. Copper was the first strategic metal, and it became one of the first global trade goods.
The Gold Rush colonized California and Silver was the founding drive behind migration to Nevada, but for Arizona that building block was Copper. Many early Arizona towns were built by companies staking copper mining claims like Phelps Dodge. Places like Bisbee, Superior, Miami and Jerome exist only because of copper mining.
Arizona has been the largest producer of copper in America since the early 1900’s, producing almost 2/3 of the copper produced in the US. According to the Arizona Mining Association, the combined direct and indirect impact of copper mining was worth up to $34.2 Billion in the U.S. economy and 12.1 billion in Arizona. Copper is, in fact, one of the “Five C’s of Arizona”: Copper, Citrus, Cotton, Climate and Cattle.
In present day we use copper wiring and plumbing in our houses, there is copper in many parts of our cars, and copper is essential to linking our homes and businesses together via telecommunications. Copper’s high conductivity and malleability make it vital to today’s electricity driven world.
http://www.copperarea.com/pages/local-mines-endure-despite-low-copper-prices/