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Morning fella interesting day or so and very good question my man ...I don't know the answer ..but who does ? Not even young Buffett can predict the market so not sure any one can .. the big factor is sentiment and human instinct I guess and the copper price of course which was down a bit today And there u go a flood of sells first thing and down we go and 157 to sell from 162 in no time We aren't in Mexico are we ? affected by that awful quake or subject to too much geo political stuff but in no time we are selling at 157 altho yesterday the total reverse with some huge buys and a 7p rise ..crazy Interestingly If u look at the chart the lowest any one could have paid for a share here is prob 155/156 over the last month or so but u could have sold as high as 195 so why didn't those selling today do so at a higher price rather than sell out at the bottom end of the wave ? That's what I don't understand especially with Qtr4 almost upon us and lots of positive news items to potentially drive us forward ...but there must be a need i suppose But this is always how it's been for near on 10 years a few highs but lots of lows and near misses altho this is a totally different beast to the old Emed with far more impetus and thrust than it's ever had - so whilst it will always have its up and downs like every share it shouldn't be anywhere near as volatile as there is far more clarity and purpose about where we want to be. It's a bargain at these levels imho and if ur entry point is somewhere around this figure u have got urself a bargain fella so don't get too tied up in short term price volatility as that's just the way it is ..great name by the way & GL with ur investment here

Look at that today I know it may be that funds were desperately needed and if that's the case fair play but it looks like there were two 10k sales at 155 just b4 the rise but why wait til now to do that when it's been at 195 .190.185 and the like ... particularly as the trading patterns had started to slow right down and U just sensed the bottom feeders were poised to pounce and understandably so ...I feel for them as it's cost them a lot in absolutely no time ... it can be a harsh place to be on the markets

I know mate it is a tad depressing but that's how this share works ATM On a brighter note just picked up this portfolio update from Blackrock and I think I'm right in saying they've got circa 20pc of their portfolio in copper so if one of the worlds biggest fund managers are nuts deep in the red stuff that's not a bad sign i wouldn't have thought ... interesting reading http://www.moneyam.com/action/news/showArticle?id=5665176

Heres a cracking article if any if u haven't seen it and presenting a very strong case for investment in other key components as and when the EV revolution really starts to gathers pace https://www.geologyforinvestors.com/metals-electric-cars-revolution-making/

Let's hope so Mr O but the way I see it is the fundamentals here havent changed from when the sp was 197 to buy and after digesting that last Rns it's pretty clear that the company have deliberately increased costs in Qtr2 to prepare the groundwork for the phase 3 ramp up and simultaneously thwart having to pay Astor Furthermore the situation right now 10 weeks on (with the Ave copper price much higher over the period ) the Company is considerably better placed than where it was end of June and it's a fair bet the working capital deficit will be completely cleared by year end on that basis The inference in the last couple Rns' would Infer to me at least that both the updated resource/reserve statement and the Touro 43-101 feasibility study are gonna be spot on so even at 158 it's a bargain mate and I will continue to top up as it keeps tumbling to whatever level it drops so dead right bring it on ...

This copper story is gonna run for a long long time make no mistake about that fellas another Car maker to invest huge sums in EV's VW to Build Electric Versions of All 300 Models by 2030 https://www.bloomberg.com/news/articles/2017-09-11/vw-ceo-vows-to-offer-electric-version-of-all-300-models-by-2030

I've just picked this article up from Bloomberg all about Tungstens recent surge and it's outlook ... it's a no brainer China Sends One of the West's Most Critical Materials Soaring https://www.bloomberg.com/news/articles/2017-09-10/china-sends-one-of-the-west-s-most-critical-materials-soaring

Wow great news there for u all fellas ... nice one ...live the dream

Just going back to that Katusa research article posted by Waterloo a week or two back this is what the analyst wrote at the very end of his piece where he discussed all the key facets of what type of company would make a perfect target for future consolidation in the copper market which he sees at some point ,as inevitable "To sum up, I am very bullish on top tier, world class copper deposits that have the following: Lowest-cost production, produce clean concentrate and are located in safe jurisdictions right now." Hmmmm So turning to low cost production numbers I understand that our current AIC's All in costs are estimated at 2 dollars a pound but that's based on a dollar /euro exchange of 1.11 and it's now 1.19 so some debate is whether that will cause us an issue as far as bottom line is concerned which I can fully appreciate ,however one of the big reasons for the copper price surging happens to be the weaker dollar as it makes copper more attractive to buy weird as it seems and despite its surging price so in some ways I'm not too bothered about the stronger euro as I would have thought the huge jump in the copper price more than offsets it ...but is that right ...anyone ??

I was a lth here til oak tree stepped in but always thought this would deliver one day just as Kerr had always promised but with the Tungsten price on its arris at the time I just felt it was gonna be a pretty long game of patience til the tide turned and felt I could do better elsewhere .But I've always followed this share and I just hope for all u chaps who toughed it out (like Spindok for example and Dyfiman if he's still invested here ) that it finally takes off for u all The huge rise in commodity prices has been stunning for copper and zinc etc but also for tungsten too and the latest APT price of 285/300 MTV is a big leap from 160 mtu a year ago ...so if value should always out itself at some point then it can't stay at this price for too much longer as it defies logic with 282k tons of tungsten at say 300 dollars a ton makes a nonsense of a market cap of 8 million ... time will tell I guess but good luck to u all fellas ..the Agm on the 18th should be pretty upbeat one suspects

Good question ...Asian markets inevitably down but copper and virtually all the other metal prices are higher with the red stuff at an incredible 3.15 at the last count so up another 4 cents overnight and 4 million euros added to the bottom line for the umpteenth time in what has been a major roll of late .. the other correlation yet again is the falling dollar and likewise same story today ..I guess we all have our doubts about something here with Atym but the value outage can no longer be denied if the metal price keeps rising even to the most cynical of us ..it's been a masterstroke by Alberto if he truly has planned it all out as it's transpired and of course we are now in The tail end of qtr3 ,where the copper price is much higher than in qtr2 so the escalating and improving financials will surely mean it should continue to support further upward trajectory in the sp ... and make 2p which is still less than 7p old money so surely this must it a real possibility pretty soon ... ps don't call me surely ..have a good day fellas

Ive never quite grasped this correlation tbh but and as we are in paid in dollars and our costs settled in euros I've always thought probably sub consciously that it always seemed better to have a strong dollar and a weak euro from comments posted either here or elsewhere as that seemed to make sense to me But conversely it's now become very apparent that when the the dollar is weak and the pound and euro are rising against it it also has the counter effect of significantly boosting the price of copper as it becomes cheaper to buy and from a shareprice perspective the impact has been pretty profound given where it has been over recent times So what in reality is the best scenario ? given every time copper moves up a cent it adds potentially a huge amount of cash to the bottom line but presumably our costs also increase as they are paid in the rising euro . However , as an investor wanting to maximise returns then the biggest priority at this minute is presumably a rising shareprice so if a weak dollar is boosting the price of copper ..and in turn our profits should we be too concerned about the rising euro when there are so many plusses elsewhere...? The honest answer from me is i don't know I admit it ...

http://c.newsnow.co.uk/A/899457352?-22269:9283:3 I don't know anything about charts but these boys at Investing Heaven appear to think if the price holds and stays beyond 3 dollars it could really pop ..which would be just fab Reality is though that we all know they will need cash for the Prt ramp up and ultimately for Yaya Touro and not forgetting Mr O's big bug bear Astor at some point - but as the profit margin widens as copper continues to rally (hopefully) and costs stabilise /reduce that's now finally been reflected in the sp at long last ..much to Fat Eddies glee I suspect so nice one fella chuffed for u and everyone on here in fact it's been long overdue But as SH has muted in his latest scribe that if Touro permitting takes even up to 2 years in some ways that's no bad thing if we get the ramp up sorted and Astor cleared b4 the big money is needed...my own take is once proper clarity as to how these things will be resolved is known and assuming the Cu price holds of course then this may finally mean many Lth's see a return on what has been a very long wait .. moving in the right direction that's for sure - have a great BH all

It's crazy even from 2.96 it's another 7/8/9 million euros added to bottom line for Atym and whilst a shareprice of 165 is a lot higher than 130 of a week or so back it's still only 5 and a half pence old money and that's still quite incredible to take in when I had bought at 10- 14p only a few years back and thought I'd done ok at that price for heavens sake .. it's still cheap as chips considering the bigger picture imho

3 billion pounds in value traded on the copper exchanges yesterday and futures for Dec touched 3.07 at one point on the back of the rumour China who take up 45% of the world consumption figure plan to get shut of imports of scrap copper which is a potential game changer for the price factor .. I know we've been at points like this b4 in other concepts but in truth this is a whole new ball game now it seems ... GLA http://c.newsnow.co.uk/A/899368703?-22269:9283:3

Fair point fella but I can assure u I don't believe anything they say ,as ur spot on they do say one thing and then do the polar opposite the shysters .. they are well known for it the mortgage crisis for starters Anyway copper at 3.03 and I see SH has found another interesting article about the Chinese having a major crackdown on their air pollution issue ,resulting in some of their major mining companies being compelled by the Govt to spend a lot of money updating their plant and equipment i.e.their smelters and the like ..with the likely impact of affecting the supply chain quite dramatically whilst the major adjustments are taking place ... As he rightly points out this may be why the Chinese import numbers are likely to increase in the foreseeable which will hopefully continue to fuel the current rally even further ... Let's hope it stays over 3 dollars as it could be an interesting day again tomoz GLA

I saw this on Investing Haven dated Dec 16 where they noted the following predictions about the copper price one notably being Scrotum I mean Goldman Sachs who later turned bullish around March I think it was but just goes to show they know jack .... Financial institutions and media have a slightly consistent view as their 2017 forecasts are neutral to bearish: Goldman Sachs believes that copper prices will slightly fall to $1.80 This copper price forecast is very bearish Bank of Merrill Lynch sees lower copper prices in 2017 Morningstar expects copper prices to stabilize around $2 In other words, most analysts are not very bullish on copper. How do these guys make so much money that's what amazes me ffs

Let it go Mr O ..Its neither here or there now so just look forward and take a peek at that 54k buy last thing today .. a few more of them and we will all be just fine

Copper was around this price we traded at around 7p old money (200/210p now ) and yet at 2.85-2.90 it was around this price i.e. 5p old money (or 150 now ) so if it is a pure copper play and linked somewhere close to it then maybe a break out is still on the cards ... I personally get the impression that the reserve and resource upgrade for both the Prt expansion and the Yaya Touro project is pretty impressive from the undertones in recent updates ...so with the financials imminent , some huge numbers coming out from Glen, BHP and Anto ATM all showing the effect of rising prices and don't forget but right now we are nearly 2 months in front of the Qtr 2 numbers so looking further forward now would seem to be a good time to be in here for once

Morning fella ...great news that is altho I was just gonna say on the chart I use ...copperlive charts ...I had just seen we are currently at 2.992 which is the highest I think I've seen on that particular chart but either way all the signs look promising ... will be interesting to see if the Bhp Billiton results give all the copper plays a boost today ... one would think so looking at their results but u never know in this game ... what is becoming more likely is if the copper price does break 3 dollars and stays above it ..then this has every chance of breaking out too ,given what's in store imminently re newsflow ,as real value will always out itself eventually or should do one would hope Mr O I don't know why anybody sold below 130 but if I had 110k shares I wouldn't give a flying tbh mate as ur gonna be living the dream pretty soon I would think lol