Mining- Credit Suisse: $10,000 copper is coming

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Credit Suisse: $10,000 copper is coming

Friday, August 20, 2010
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From MetalMiner:

A remarkably bullish view of metals prices in 2012 is being put forward by Michael Shillaker, a metals and mining analyst at Credit Suisse...

"...We still think that copper will reach $10,000 a ton by 2012 and relatively simple supply-demand analysis supports this.”

Including iron ore and coal in his discussion, Mr. Shillaker predicted share prices have considerable upside potential, “We believe there is 30% upside potential to current share prices for the miners into year-end and in some cases potentially more than 100% upside over...

Read full article...

More on copper:

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Topics:		Mining \| Commodities

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