I bought in a few days ago after watching for a while and then Peruvial politics jumped out of the bushes! I just wonder if and when scrap copper will hit the market hard enough to make a dent in mining? I'm a retired electrician and saved "Rabbit" from quite a few jobs I worked over the years and have begun "Liquidating my solid assets" in the past few weeks; it's amazing how much pocket change I've picked up selling something that would have otherwise have been thrown away! Right now it's selling for about the same, pound per pound, as pork chops so I'm happy for a while.
Yes count me in too .I would like to know what low demand refers to . For copper ? Southern Copper's current stock price has far more to do with the current political climate in Peru and the uncertainty with the possible merger IMO than the relative price of copper at the moment which remains strong . Happily I was able to sell December covered calls yesterday before the stock really plummeted otherwise it would really have been a bad day for this poster . Regards .