The Critical Metals Report: Let’s talk about specialty metals that present opportunities for investors. What’s on your radar screen?
Rick Mills: There are several metals that we’ve taken for granted because the prices are low, such as nickel and uranium. I shake my head that copper is only $3.50/lb. A lot of what’s going on in copper can be extrapolated to the other metals as well.
Let’s start with capital expenditures, or capex. Mining is definitely one of the more capital-intensive businesses. There are large, upfront costs for construction of the mine. As the low-hanging … [visit site to read more]Similar posts: