Tuesday, October 17, 2017

China Data Bullish for Copper

This should provide a positive catalyst for copper over the next year. I continue to hold Turquoise Hill as it closes in on completion of the second phase of Oyu Tolgoi.

It is positioned well for solid returns, as its production levels will rise significantly, and other companies may consider it a good takeover target with the majority of its development stage about to be completed.


No comments: