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US Copper Corp (USCU)

TSXV
Currency in CAD
Disclaimer
0.03
-0.01(-14.29%)
Closed

USCU Comments

With news of a leftist presidential win in Chile, Copper production in the region is threatened where they produce ~28% of global Copper supplies. “By 2031, the world will need a new Chile” $USCUF have significant resources in their US projects and at today’s taxloss driven pricing opportunities it’s a no brainer with Cu prices speculated to *****
US Copper Corp. Bottoms have been established, and yesterday saw a break in previous resistance zones signaling a strong potential for reversal. Still time to scoop up a deal with this copper play in the global context of a massive copper bull market.
With over 5.6M new EVs hitting the road in 2021, an annual increase of 80%, who is going to supply the growing copper demands for charging and electric infrastructure? Tons of high-grade copper surveyed at $USCUF Superior deposits per the latest drill updates. Prices are currently low, but charts look like they’re primed for a doji breakout. What’s your point of entry?
Right now looks like a potentially good time to entry as its looking like there's support at $.1 and all the continued news about a growingly bullish copper market and forthcoming PEA will drive values up. ICYMI - their numbers were all very solid from their recent update on the 7 holes drilled at Superior/Moonlight.There is no shift from fossil fuels to green energy without copper
The US DOE recently announced $65M funding opportunity to improve electric systems, anyone else thinking Copper Catalyst? This news aligns extremely well with $USCU.v announcement of results for final 2 holes in the 7 hole drilling project at their Superior project. All results met/exceeded expectations showing higher grade ore likely significantly increasing value from previous PEA.
A news release from Reuters said that carmakers are planning to invest $515B into EVs over the next decade, meaning that copper prices should continue climbing due to increased demand. Copper has already outperformed the SP 500 over the past 12 months. Lots of untouched potential in $USCUhttps://www.reuters.com/business/autos-transportation/exclusive-global-carmakers-now-target-515-billion-evs-batteries-2021-11-10/
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