quackers1
22 Dec 2017
Re: The copper price Just hit 3.24 !!!Turn those machines back on, turn those machines back on !!!!
dave297
21 Dec 2017
Re: The copper price A couple of years ago Warren Buffet ridiculed the Bitcoin which has since increased more than 40 fold-does that make him a bad investor.Pity he doesn't buy a stake here
Small Holding
21 Dec 2017
The copper price For the last month or so the majority of pundits have said the demand is falling and the copper price is going down.Yet here we are at a new high $3.21I have said it on here many times before but even the so called experts get it wrong, almost daily.Watch what is going on in the world and come to your own conclusion.AIMO
Looking for growth
21 Dec 2017
SharePrice/Copper price action One of the things I've liked about this share since I managed to average down and get into profit, is that it's a very slow reactor to news generally.This has presented quite a number of trading opportunities in the last year. Copper price rises have typically been the best. Once again we seem to be in another of those situations - Share price actually down, but Copper has moved from $2.94 to $3.19 as I write. As I say this share has historically been very slow to react, sometimes giving you 3 or 4 hours to pick up trading stock, which hasn't moved after a significant copper rally. Only to then make a delayed move and allow you to get out at a small profit.This time around it's been even slower to react, presenting an opportunity of at least a couple of days to pick up stock at (what seem)like bargain prices.All the usual PI candidates, on ADVFN, have picked up a few traders including myself, yet it doesn't seem to want to budge. Has the placing made a difference to various holders? If the copper price maintains at $3.19, and this doesn't move tomorrow, then I'd have to start to think it may have made a price difference in the short term.Since the placing, a consistent seller has appeared again, which isn't helping, and makes no real sense, but then it didn't make sense last time.Why someone sells at 156 now, when they could have got much higher previously is odd, almost suspicious.Let see what tomorrow brings.LFG
Accypete
21 Dec 2017
A New stable Norm? We have come along way in the last 6 months, Alberto has done a sterling job and stabalised the share price to some degree.At least know we are making profit on a dailey basis and moving forward. and the SP is less volatile than in the past.The forum has been very quiet, I don't think we have a lot to talk about at the moment? I think its good news, the hurly burly of the past seems to be calmer seas's on which we sale.I look forward to a good report in March/April and hope for the long awaited breakthrough and the SP heading to 250.A bit boring at the moment, but in a nice way (I think).Here's to a good Christmas and a happy and prosperous new year with Atalaya to all share holders.
Small Holding
21 Dec 2017
Touro They are leaving it late for the Technical Report this quarter.No RNS on Friday, that just leaves Wednesday and Thursday next week.I hope they haven't over promisedNo nougat again this year
Rhodium45
20 Dec 2017
Summary of possible strikes next year Threat of strikes looms large for copper supply in 2018
Beginning of the article is below. Its a long article, so click on the link for all of it).[link] opinions expressed here are those of the author, a columnist for Reuters.)Andy HomeLONDON, Dec 19 (Reuters) – Unionised workers at the Quebrada Blanca copper mine in Chile walked off the job last week after failing to agree on a new labour contract.It's the third strike at a South American copper operation in almost as many weeks.A three-week strike at Southern Copper's Peruvian operations has just ended, while one of the unions at the giant Escondida mine in Chile held a one-day "warning" strike on Nov. 23.None of this labour strife has had much discernible impact on the copper price.That's partly because any bullish enthusiasm about fundamentals has been overwhelmed by a mass exodus of fund money over the last couple of weeks.Funds have slashed their collective net long positioning on the COMEX copper contract from over 125,000 contracts at the start of September to a current 48,384.And in part it's because in all three cases only one of several unions has been involved, allowing operators to minimise the impact on production.However, it's an early sign of what is likely to be a defining feature of the market next year as an unusually high number of labour contracts come up for renewal....
quackers1
20 Dec 2017
Re: copper 3.2 SP must be flying as pure copper play. Just checking again, errrm nopeJeez
roverbill
20 Dec 2017
copper 3.2 And climbing. Thought I would liven this board up, lol Bill
roverbill
20 Dec 2017
Re: Copper now $3.14 Now 3.185
AlBrad
20 Dec 2017
Re: Copper now $3.14 Long time no post here, but used to own EMED, and decided to take a quick peek here.What's with the 7p spread on this??Volume only 10K today?Not exactly encouraging to buy in!!
quackers1
18 Dec 2017
Re: Copper now $3.14 Pure copper play still so no movement in SP of courseHow awful to have our profits being increased like this. How very dare they !
Small Holding
18 Dec 2017
Copper now $3.14 no message
Small Holding
17 Dec 2017
Upcoming 2018 wage negotiations [link] bears beware as strike risks rise in top producer Chile(Bloomberg) — Copper forecasters are reassessing their projections as the top-producing country prepares for its busiest year ever for wage talks.Under a new labor code and with higher prices inflating workers’ pay expectations, Chilean mines will negotiate contracts with 32 unions next year. That represents about three-quarters of the country’s copper output, or about one-fifth of world production. Globally, labor negotiations could trigger disruptions at mines producing about 40 percent of supply, according to Barclays Plc, which this week raised its price estimate.While prospects of slower Chinese demand growth have sent copper back below $7,000 a metric ton in the past few weeks, supply is also constrained after years of cutbacks spurred by low prices.That means any disruptions resulting from strikes could quickly tighten up the market — as happened this year with stoppages at Escondida in Chile and Grasberg in Indonesia. If that occurs, prices could go back above $7,000 in the first half of the year, Bank of America Corp. analysts said last week.“It’s going to be pretty tough,” Andrew Cosgrove, senior energy and mining analyst at Bloomberg Intelligence, said by telephone. "Copper price risks mainly come from the Chinese property sector, but the Chilean negotiations add a thicker layer of price support."He expects supply to increase by 200,000 to 300,000 tons next year, signaling a fairly balanced market. But a repeat of this year’s strike interruptions would easily wipe out that increase. “Given how many negotiations are on, it could be even worse.”While workers in Southern Copper Corp. mines in Peru returned to work on Tuesday after a 20-day strike, one union at Teck Resources Ltd.’s Quebrada Blanca mine in Chile were preparing to go on strike in what would be the first stoppage under the country’s new labor code.Most of Chile’s largest mines face wage talks next year, although much of the attention will be on BHP Billiton Ltd.’s Escondida. The longest mine strike in the country’s modern history ended in March with no accord and an extension of the old contract until June 2018. Tensions ran high during a stoppage in which workers set up camp at the mine entrance, displaying dummies hanging from ropes representing executives and recording videos burning company letters.An announcement by BHP in November to cut 3 percent of Escondida’s workforce spurred a 24-hour strike and threats of further action, with unions calling the layoffs an act of intimidation ahead of next year’s wage talks."Under the labor reform that came in last April, there is no downside for the employees during the negotiations," said Cesar Perez-Novoa, an analyst at BTG Pactual in Santiago. "Unions are empowered and this will influence negotiations. They are better prepared from a legal and economic point of view."“Workers have made sacrifices over the last two years,” said Gustavo Tapia, president of Chile’s Mining Federation, which represents more than 20 unions from the largest mines. “Everyone can see that prices and production are higher, so the talk of crisis is no longer relevant.”At the highest point of the last commodities cycle, juicy end-of-conflict bonuses were at the center of the talks. Now, negotiations are more likely to focus on benefits, Tapia said. Unions won’t be making unreasonable demands, he said, but they will ask for what they deserve after years of cost cutting."We need to have this discussion in a responsible manner," Tapia said. "If companies keep talking about crisis, the answer will be to strike. And if they don’t understand that, this could be a year of many stoppages."While copper prices are about 14 percent higher than a year ago, volatility over the last few months will mean companies will tread with caution, according t
Small Holding
15 Dec 2017
Weekend Teaser More for long term holders, this weekend teaser is when did our CEO do his lastInterview, podcast,webcast,presentation that is available on the internet?I am looking for a face to face or a recorded interview or presentation that lets investors know where Atalaya is now, where we will be next year and what investors can look forward to.Answers to be posted here please.I have written to the company for their response
