Something dramatic just happened in the copper markets.
The Green Revolution – a handful of undervalued Green Metal ExplorerCos for your consideration (CBK.C, DEFN.V, CEY.V, ROCK.V)
The Green Movement, a push that is gaining momentum around the globe spurred by zero-carbon climate warriors like Greta Thunberg, is all about meeting power demands through clean, renewable, and zero-emission energy sources.
Last month, the International Copper Study Group stated that copper demand has exceeded supply by 155,000 metric tons in the first four months of this year.
On August 12, CopperBank (CBK.C) tabled a non-brokered $0.06 private placement (PP). This represented a 10% premium to its previous (pre-PP) close at $0.055.
Last week, the International Copper Study Group stated that copper demand has exceeded supply by 155,000 metric tons in the first four months of this year.
Global markets are in a state of flux. General indices – common stocks of all shapes n colors – are testing downside support levels. Gold is catching a very decent bid – no surprise there. Silver too. Crude oil is under pressure. Base metals like copper are also under pressure due to the threat of a global economic slowdown, the recent collapse in US-China trade talks and Trump’s latest tariff salvos directed all things Chinese.
CopperBank Resources (CBK.C) has been picking up distressed copper projects for pennies on the dollar and has put together a prolific portfolio.
CopperBank Resources Corp (CBK.CSE) is, in many respects, a ‘Copper Bank’. The resources this company holds – its pounds in the ground – represent a vault, a stash… a deposit that has the potential to be monetized when the going’s good. The catalysts here are intriguing.