Reddit Posts
Future Tech Still Needs Old-School Metals. How Are People Thinking About Copper Exposure?
NREDF Looks Like One Of The More Interesting High-Beta Copper Setups Right Now
Everyone Is Watching AI Stocks. I Am Watching The Metals Under The Data Centers
The AI Trade Is Bigger Than Chips - It Is a Critical Metals Supply Chain
AI Is Starting To Look Like A Metals Trade Hiding Under A Tech Trade
Quantum Stocks Are The Headline. Critical Minerals May Be The Real Bottleneck
Pre-Market Gainers and Losers for Today (May 15, 2026) 📈 📉
The 2026 copper deficit playbook -- FCX, SCCO, TECK, and the secondary market name nobody's pricing in yet
Copper stocks 2026 -- The supply deficit is real, here's the full breakdown and which names are worth watching across the market cap spectrum
I heard there is a copper supply shortage. When will this officially happen and which companies will win from that ?
Canada is a bigger copper watchlist than people think (and it fits the 2050 math)
Copper supply stress test: who benefits first when the market tightens?
TECK CEO Jonathan Price: ‘We believe we can produce enough germanium to supply all of the needs of North America and potentially all of the needs of the G7 countries
Pre-Market Gainers and Losers for Today (September 9, 2025) 📈 📉
Wells Fargo analyst gives TECK $101 price target (It's currently $33.)
Benjamin Hill Mining's Strategic Leap into Colombian Coal $BNNHF
Benjamin Hill Mining Corp - Strategic Leap into Colombian Coal $BNN $BNNHF
The Discovery of the Century - How to make money off it
Gallium & Germanium: How will the second half of 2023 play out? Shift in the supply chain imminent?
2023-04-17 Wrinkle Brain Plays - In the style of Barney Stinson
Interra Copper (IMCX.c IMIMF) officially combines with Alto Verde Copper.
Teck Resources sees higher copper output this year after missing 2022 target (NYSE:TECK)
Teck Resources cut at B. Riley on valuation, preferring Arch, Alpha Natural (NYSE:TECK)
2022-11-30 Wrinkle-brain Plays (Mathematically derived options plays)
Lithium - Tellurium Disruptive Battery And A Related Rare Metal Company I’ve Discovered as Tellurium Prices Continue To Breakout - First Tellurium Corp. $FTEL on CSE | $FSTTF on OTC - Plus Exciting New Copper Porphyry Mineralization & Insider Buying
Lithium - Tellurium Disruptive Battery And A Related Rare Metal Company I’ve Discovered as Tellurium Prices Continue To Breakout - First Tellurium Corp. $FTEL on CSE | $FSTTF on OTC - Plus Exciting New Copper Porphyry Mineralization & Insider Buying
Beginning of commodity super cycle - $SLSSF, $FCX, $MT and many others now going to the moon
Beginning of commodity super cycle - $SLSSF, $FCX, $MT and many others now boarding the 🚀
Beginning of commodity super cycle - $SLSSF, $FCX, $MT and many others now boarding the 🚀
Mentions
I'm sorry I should have wrote more. But you're smart and figured it out. TECK was the world's largest producer not long ago and now they don't produce any, coal. The other companies get more business. Other companies HCC AMR METC SXC AREC
NRED is a scam ticker being pumped relentlessly Just stick with big bois like FCX or TECK. If you want a basket of miners, COPX is your play. Explorers tend to go bust, A LOT. The only people who make money are those who load up when it's trading for pennies and then unload it onto future bagholders as the ticker skyrockets on hope 
Mostly producers first because they are easier to value. FCX, SCCO, BHP, TECK, and Capstone are on my list. I also started looking at earlier-stage names for more copper optionality. One newer one on my list is NovaRed Mining. Still studying it because it is pre-resource and higher risk.
If this AI stuff is real, we're about to enter an unprecedented period of earnings growth and profitability that will lift all boats. Nothing wrong with buying some DOW/VOO to capitalize on that. Personally, i'd buy some copper (e.g. TECK), Treasuries (10-20yr), and VOO.
Precious metal miners? Rare earths? Or maybe just commodity metals... My watch list does include FCX, SCCO, MP Materials and while not strictly western hemisphere I've analyzed and like TECK. Thanks for the reply tho, you have very high conviction in what you've been posting.
TECK. Approximately sub-$20 cost basis.
check out M+A opportunities with RIO and GLNCY, as well as NGLOY and TECK. I went with GLNCY
TECK is a good one. Upcoming merger.
FCX went from 45 to over 60 in the past month TECK is next its only at 51 these are the best copper plays
Hudbay is also a Canadian firm, this probably explains why it doesn't get the attention of US companies. That said, Teck Resources, another giant in this area, is merging with another firm and their shares might be one to watch in 2026 too. - TECK
i am rolling all Gold/Silver miners into Jan 2027. playing the earnings all year. the miners are trailing the commodities in price and valuation. this is my wifes portfolio, i manage it. all miners in ITM except VALE. currently Barrick(B) Pan American (PAAS) Coeur mining (CDE) Silver corp (SVM) and Teck (TECK). she insists i purchase more positions. (Calls) she is getting greedy.
Thoughts on TECK and upcoming merger?
this my investment Theory for 2026 and options into 2027. i purchased Calls on Gold/Silver miners early in 2025. my positions are all Deep ITM. i will roll these Jan 1st (next week) to Jan 2027. this will allow me to play the Earnings season for all Cash rich Miners since the price of Gold/Silver has skyrocketed. not just earnings but Buyouts and Mergers. my holdings = Barrick(B) Pan American Silver (PAAS) Vale (VALE) Coeur Mining (CDE) and SilverCorp (SVM). i have one copper play Teck Res Limited (TECK) that i just bought a call on Dec 5th which is up 42%. does anyone think this gameplan makes sense? let me know.
$TECK looks good if you were building a position anywhere between now and 2020 in the pandemic crash. It will go up, but there are other companies in the Oil / Energy space have a PEG Ratio under 1, a price/book value under 1 & price/sales under 1… Look for deep values in the energy space
bud i never said i bought them ive been rocking TECK and FCX calls for months now
What are people’s thoughts on HUT. Or TECK.B. I know sectors are unrelated
told you guys DIS and copper stocks FCX TECK
Copper is the next Silver FCX and TECK leaps
I hope that is good news for: 1.) Copper (TECK and FCX) 2.) Solar (FSLR and CSIQ) 3.) Utilities (EIX)
I prayed for financial help and God directed me to TECK
Any thoughts on TECK tomorrow?
lol Judging by the proposed terms of the deal and the fact that TECK's 52-week high is \~$54, it doesn't look like I'll be rich. I'm hopeful, of course.
On a related note --and not that this is necessarily any kind of indication-- Australia's richest person, Gina Rinehart, upped her stake in TECK. As of the latest filing, she has 7.7 million shares. [https://www.afr.com/markets/equity-markets/rinehart-s-us-bets-near-5b-spill-into-canadian-copper-uranium-20250815-p5mn8r](https://www.afr.com/markets/equity-markets/rinehart-s-us-bets-near-5b-spill-into-canadian-copper-uranium-20250815-p5mn8r)
I have followed and owned various mining stocks for a long time. Analyst price targets aren’t something I put much credence into. TECK is producing commodity metals. Industrial demand is a bet on the economy. Where will copper and zinc go? Not real bullish on those metals due to slowing housing.
TECK is, by its nature, not a longterm hold. It can make you fantastic amounts of money… if you perfectly understand the cyclical nature of Canadian mining stocks and are able to accurately time your buy and sell. Please see the chart since 2002.
Never heard of TECK so I won’t comment on it, but analyst price targets mean absolutely nothing. The street is hyper bullish on their coverage because it encourages deal flow and good relations with management. Don’t take their price targets at face value
I have recently (a month or so ago) exited a number of positions and bought back in, as I needed to adjust my portfolio for a down payment on a house, and am migrating over to more of a dividend portfolio. AFRM (+50) FEZ (Euro Stoxx 50 ETF) (+4) SCHD (+3) (new within last month) BBD.A (+50) (new within last month) COF (+20) (new within last month) TECK (+13) (new within last month)
CMCSA 34.8 UUUU 5.8 JOBY 8.8 WYNN 87.8 TECK 38.8 Long calls = $$$
Every single stock destroying theta before they make the next move always pinned to .8 CMCSA 34.8 OXY 45.8 SLV 33.8 CSCO 65.8 TECK 38.8 JOBY 8.8 QUBT 20.8 The list goes on and on any stocks that are pinned like this is bullish and you should buy long calls OTM
Look at TECK It’s been held EXACTLY at 38.8 all week perfectly between strikes This is a bullish indication showing they are crushing theta before making a big move
Look at all the stocks pinned to .8 TECK has been held at 38.8 all week never staying above 39 never going to 38.5 Just crushing theta before they make moves like every single stock My calls that I bought Monday are down 50 percent while the stock has literally not moved at all same EXACT position held below 39
TECK down .2% My calls for next week down 37% since yesterday 🫠
My stocks literally not moving but my P/L is swinging like crazy because of how bad the spreads are on options So many calls down 30% or more with stocks down less than 1 The only way to win is to have theta and more money to avg down look at TECK my 40c for next week are down 40% since I bought yesterday but the stock is down less less than .3
Theta decay positions buy calls on TECK PCG NIO All pinned to .8 this is where they burn theta before making big moves look at QUBT I literally called this same exact thing with that stock
I'm assuming there are copper-themed ETFs and other mining ETFs. I personally hold TECK, which is a copper miner.
Thank you. Are you referring to Resolution Copper in AZ? As a holder of TECK, I've wondered how Teck they might be affected by the tariffs and this EO. They have the Red Dog mine in Alaska (zinc, germanium), though processing occurs in Canada, as I understand it. Their copper mines are in Chile and Canada (BC), as well as interest in Peru.
Thanks for the great analysis. Currently holding MP and TECK calls. What’s your price target for TECK ?
Amazing, bought TECK on Friday, dropping to lowest point in a year today. Love it, great show, amazing 
This is a comprehensive analysis. Blackrock's strategic acquisitions in infrastructure and rare earth sectors, especially MP Materials, suggest a significant shift in the supply chain dynamics. The involvement of key figures like Gina Rinehart and the alignment with governmental policies further solidify this trend. Watching MP, UUUU, LAC, and TECK closely seems prudent.
so a 25% tariff on Canadian copper goes into place, cars that use little to no copper get a pass, and TECK is up 7 FUCKING % 
In rank order: MP, TECK, LAC, UUUU
energy sector, I like TECK 
# **TLDR** --- **Ticker:** MP, UUUU, American Lithium, TECK **Direction:** Up **Prognosis:** Blackrock and Gina Rinehart (Australia's richest woman and close to the president) are heavily investing in American rare earth and mining companies. A potential merger between MP Materials and Lynas Rare Earths could create a major player in the US rare earth market, potentially disrupting China's dominance. The government is also showing strong support for domestic rare earth production. **Bonus Fun Fact:** Citadel CEO Ken Griffin increased his stake in one company by 26,099,166%! 😂 **Image:** Rinehart and Argentinian President Milei selfie hints at potential South American partnerships.
Cmon TECK. Just another 4%
TECK announced a dividend of .125 cents a share, 3 cents higher that last dividend payout. Here's hoping for 50
My artistic DD on Teck earnings is that it dropped 42 cents today to end the day at 42.69. That's it, the number that is the answer to life, and the sex number. TECK goes up to 52.
Tomorrow i find out if my 45c 2/21 TECK and 260c 3/21 LNG calls print or i save up and try again
I was thinking the same with TECK. Infrastructure stocks i see booming soon
Here's hoping TECK hits 50
Here's hoping TECK goes to 50
VALE and BHP are turds better to be in $TECK and $FCX
You don't have to and you don't have to be completely out of the market. Finding individual stocks that came down in a crash and are highly undervalued is quite profitable. FCX at $8, GE at $7 before the reverse split. TECK resources at $4 in 08. It takes some work but cash is king for those times. Those were all 4-10 baggers on best in class stocks.
Nice DD. I’m currently holding NEM shares and TECK shares and May calls OTM . Both are reporting earnings on Thursday. I’m starting to think I didn’t buy enough.
Canada ( TECK) was responsible for supplying nearly half of the US’s import needs of germanium between 2019 and 2022, according to the US Geological Survey. [https://www.bnnbloomberg.ca/business/international/2024/12/03/canada-mining-group-uses-china-ban-to-push-back-on-trump-tariffs/](https://www.bnnbloomberg.ca/business/international/2024/12/03/canada-mining-group-uses-china-ban-to-push-back-on-trump-tariffs/)
I dont wanna to say it...but TECK
depends on definition of penny stock alot went way way down in 2008 LVS TECK American Axle Pier 1 Imports. apparently during credit crisis, you could have bought a specific distressed CDO for 1/1000th of face value. big piece too. $100 million face. paid out at par. so put up $100k, make $100MM in a year..... sort of a unique situation at the time. had to be private investor to buy it.
I invest in commodities stocks like oil companies and metal mining companies like in the 70s. I have position in oil PBR.A, EC for high dividend and capital appreciation, copper RIO and TECK
I've been long SCCO for awhile now (cost basis around$74). FCX is the other big one. [Here's ](https://finviz.com/screener.ashx?v=111&f=ind_copper) the finviz list of copper miners. There are a lot of junior minors and exploration companies. TECK is an interesting play out of Canada that has some large copper projects coming online, but also other mining operations. There's some weird ones that make copper products like ATKR and MLI that also seem to be beneficiaries. Keep in mind that copper has been on a massive run lately, which is why it's getting attention. Please do a lot of research before getting into the space as commodities are notoriously hard to invest in. Do not buy things because of a reddit post alone!
I'm long SCCO, and have been for awhile (I was in TECK before that, but changed to SCCO last year). Here's a [chart](https://www.visualcapitalist.com/sp/visualizing-the-copper-investment-opportunity-in-one-chart/) that that shows the copper supply vs demand projections. It takes decades to bring a new copper mine online, if you can even find a good source. However, copper prices have spiked and are right at their [ATH](https://finviz.com/futures_charts.ashx?t=HG&p=w). Personally I wouldn't buy until there is either a pullback or breakout. However, that gives you more time for research!
Inflation will be around just like the 70s when I first started to work. Commodities will do well. I bought in March PBR.A 14.2 20% dividend, EC 10.2 15% dividend, SBSW 4.2 PGM mining, TECK 43 copper
IIRC, part of the TECK thesis was once the coal vertical was spun off the stock would re-rate to copper, which doesnt seem to have happened
I exited my TECK position last fall, basically because I was mad at management for their handling of the buyout. They basically negotiated a worse deal for shareholders, imo. They also were having some issues with their copper mines. However, I rolled the money into SCCO though, it's a copper pure play and closely tied to the price of copper.
It depends on what macro environment we are in. If we're in an inflationary environment and there is sudden disinflation due to a market crash, energy, and commodity-related equities tend to do well because the Fed cuts rates and weakens the dollar which leads to increased commodity stocks. Some of these companies also pay a high dividend. Safe plays in those sectors are: * ENB - Energy infrastructure company that operates in the US and Canada. * FNV or AEM - blue chip gold royalty company and blue chip gold mining company. * NEP - portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects + natural gas. * TECK - diversified metal miner including copper which is going to skyrocket with the energy transition demands. * WPM - royalty company heavily focused on silver royalties. Silver will also skyrocket when the fed cuts rates. It depends on what macro environment we are in. If we're in an inflationary environment and there is sudden disinflation due to a market crash, energy and commodity-related equities tend to do well because the fed cuts rates and weakens the dollar which leads to increased commodity stocks. Some of these companies also pay a high dividend.
I held some positions on TECK last year
US: AMZN, PEP, EG Ex-US: TSM, TECK, HMC ​ Comments: AMZN, TSM - I like tech, but don't want to YOLO by overweighting it too much. PEP - Pepsi has come down as investors make risk-on trades; it seems like a good value here. EG - Insurance is a good income producer over time, and EG is an under the radar steady performer TECK - A pickup in industrial demand should boost copper demand HMC - A play on a more healthy consumer going forward, also the raises that GM and Ford had to give workers puts Honda in a better competitive advantage. Rising standards of living in developing countries bodes well for their motorcycles.
For what its worth, I'm also long copper. I also buy into the longer term shortage case, but it will depend on the world economy picking back up. I'm putting it in the 3-4 year play now. However, copper is up on the year, and we'll above it's pre-covid pricing. https://finviz.com/futures_charts.ashx?t=HG&p=w So, it held up pretty well when other commodities have not. I sold out of TECK recently and added SCCO just because TECKs management made me mad. Oil, I was talking earlier, I think is basically a cash flow play at this point. It's great of it gets into the $80s, but most of the good producers seem to be fine at $70. They'll pay dividends and buyback shares, but I don't see tons of upside from here. I'm still holding everything as of now.
I just recently traded TECK for SCCO. Copper has held up well this year, and I still think there's a long term shortage. Maybe not next year, but I'll take my dividend and wait. I still the the next decade will be huge for copper.
Well, I sold off my TECK. Really underwhelming deal was the cherry on top of a summer of bad decisions. Rolled it over into SCCO, which I think is the best pure copper play out there, and is at a decent value. Wish I could have done it earlier in the day, but, I can't be glued to the market.
TECK finally selling off their coal business to glencore, and a few other minority holders. https://www.globenewswire.com/news-release/2023/11/14/2779715/0/en/Teck-Announces-Full-Sale-of-Steelmaking-Coal-Business.html
I like SCCO over FCX. Iirc, they have much higher historical returns on capital than FCX. I've been pondering selling out of TECK and buying SCCO as copper has fallen off.
u/AP9384629344432/ is the copper man around here. Copper futures are on the low end of the 52 week levels so $FCX or $TECK are a much better buy today than they have been over the last 6 months. IF the DXY (US Dollar) continues to move lower along with interest rates that will help most commodity prices. The question is do you believe we will avoid a recession or not? Copper is called Dr. Copper by the old timers for a reason. Copper will outperform during bull markets or global expansion and underperform during bear markets or global contraction.
It's kind of a two way street right now. Investtalk had a good segment on it the other day (it's the last segment of you want to fast forward) https://podcasts.apple.com/us/podcast/investtalk/id280789489 China residential demand is down, but other uses are increasing. Supply is hard to bring online. Personally, I'd look at copper miners (I own TECK, but after their last earnings I'm thinking of swapping for SCCO). I think WIRE benefits, but I'm not sure how much.
Thanks for the feedback... meanwhile, SCCO is looking even stronger. https://finance.yahoo.com/news/southern-copper-corp-scco-reports-211210279.html I think this is the best big copper miner. I might take my TECK money and buy them instead. I still have confidence in copper longer term.
Well it looks like if you like TECK, you're going to have to be in it for the longer haul to let the capex issues sort itself out and copper price surges. But I know you said you don't really want to be in commodities as a long term holds. So trimming your exposure might be sensible.
I'm down almost 10%! I feel better about my portfolio than I did 2 months ago (thanks MEDP) except for TECK. They've disappointed me.
This is the way to go. On a side note, I saw a headline today that TECK had come full circle back to its pre-glencore price. It reminded me of a post I had around that time that said TECK was one of my lowest conviction holdings because management was trying to preserve their ownership instead of maximizing shareholder value..... I've been holding because of all the other rumored offers for parts of the business. Hopefully, management is holding out for a great deal. This earnings report was rough. The cost over runs, production cuts, the general lack of urgency of management.....it's been a lot of thought. I'm still not sure what to do, but it's the first time in awhile an earnings report single handedly made me alter an opinion. Usually it takes a few in a row of thesis changing reports.
Side note, but that TECK report was quite bad. /u/drew-gen-x posted the earnings earlier. Missed guidance on everything. Copper price not looking hot. Then they pulled out of some copper mining expansion plan (Quebrada Blanca II) due to regulatory or other issues? They are hiking cost guidance for this capex project. Market cap now $18B while Glencore once offered to buy it for $22B.
Teck Resources $TECK EPS $0.57 vs exp $0.77 EPS, down from earnings of $1.33/ share a year ago. Revenue $2.68B down from $3.58B YOY. The company lowered its 2023 copper production outlook to the range of 320,000 to 365,000 tonnes from 330,000 to 375,000 tonnes previously expected It also lowered 2023 steelmaking coal production guidance to 23 million to 23.5 million tonnes from 24 million to 26 million tonnes previously forecast. Mining is a very tough industry. But the lower guidance for both copper & coal production along with lower copper prices is not a good mix. While copper is near a 1 week high today near $3.61; copper futures are way off their 52 week high $4.25 and closer to their 52 week low of $3.37.
New IEA report on the electric grid.... we've got work to do. https://www.iea.org/news/lack-of-ambition-and-attention-risks-making-electricity-grids-the-weak-link-in-clean-energy-transitions Energy grid stocks are going to have a bright future. I'm in HMDPF so far, but also copper miner TECK.
The long term squeeze on copper has been my thesis as well. Basically the next economic cycle should be good for copper. That was why I liked TECK so much, cash flows from coal and oil (they've since sold off the oil) making it a nice buy until copper went up. Probably less upside, but more cash flows in the short term. I've been avoiding adding more copper, even though the long term case is so solid. It's like the people who have been waiting for years on the pending uranium squeeze. Fundamentals have been predicting it for years, and the price is just now moving. The commodities market can be really slow to adjust. Then fast. That said, I also needed some big discount rates to make up for the potential time of a stock not moving at all. It's hard for me to value, so I've largely avoided playing.
From the TECK press release: "We implemented a plant improvement initiative in the second and third quarter and are seeing improved plant performance in the fourth quarter. The realized steelmaking coal price in the third quarter averaged US$229 per tonne. We expect to report a positive steelmaking coal provisional pricing adjustment of $23 million in the third quarter." So, it looks like the production issues are in the past for them, which is good? They also sighted a lot of one time issues, namely port bottlenecks and wildfires. So hopefully those things don't repeat. They also mentioned their average price per ton which I'll have to check against previous numbers. However, a lot of these are old issues, so just the lack of any changes might have been positive. As far as the sale goes.. TECK was getting pressure to break up the company into two segments prior to the sales offers coming in. Just looking at the multiples copper trades much higher, so there was a value unlock too, a long with ESG. Management still seems to think that their copper operation at 20x fcf (ish) and coal operation at 4x fcf (ish) would be worth more. I owned before the split was discussed, so I hope they're right. Speaking of, have you done any work on copper companies?
I don't know why Teck went up today, it had a significant guidance cut to production?? Also, are you guys noticing a trend? Met coal miners across the board are seeing production issues: AMR, ARCH, TECK... Add in HCC raising capex requirements. Almost like supply is gonna be tight. Meanwhile rumors of $400 a ton on seaborne prices. I am starting to wonder if Teck management is making a big mistake selling off its met coal assets to Glencore. Which is looking more promising these days, copper or met coal? Is ESG concerns about met coal *really* dragging down the valuation on the copper side? -- Side notes, was going to buy CROX today but many small/mid cap growth stocks across the board were bizarrely positive. [It was a superb day for all growth + small caps](https://i.imgur.com/6ZNJHv7.png).
Buy Barrick not $TECK. Teck Resources got a huge bump due to a potential buyout. While I am bullish on copper on a 20 yr timeframe, Gold will outperform Copper until we are 5 yrs into the next bull market. Just look at the 5,10,20 yr futures charts for copper & gold futures. Gold is above its 20, 50, 100, 200 long term DMA's. Copper futures are below all the 20, 50, 100, 200 DMA's on the 5,10,20 yr charts. Dr Copper is screaming that we are near a global recession. Gold futures are screaming the world is looking for safety similar to 2002-2012. Good luck.
Awful day overall, my Roth is down 4%, taxable down -0.5% (but once mutual funds update, probably will be overall a -2% day for me across all accounts). On the bright side I'm soon to opening up some new positions since I have plenty of cash available. My watchlist is: HCC (met coal), TECK (copper/met coal), ENPH, ELF (beauty). And just continuing to add to AVUV/AVDV/VXUS. And maybe, just maybe VTI. Found out Vanguard doesn't let me buy OTC microcaps, which is probably a good thing and kept me from buying some extreme risk mining shitcos...
TECK deal still on track apparently, despite political issues.... https://www.ft.com/content/59833dc4-aa26-4718-b1c5-c644b4c5a324
Copper equities also rallying today, so TECK should be flying.
TECK deciding to join the coal rally finally.
I'm kinda getting sad...TECK not really moving on met coal prices because they're caught up in negotiations over sale of the company. Hopefully this is good long term, but sad to watch a great met coal name lag the market.
You're absolutely correct! I'm just wary as an investor with that risk of government intervention / war. But I'm not totally against such risks. In fact, I've been looking into this tin miner with operations in the DRC. Even more unstable than Pakistan. As a separate note, I have been trimming $FCX for something with more risk. Maybe won't even bother replacing it. Or will replace with $TECK. I want to be more concentrated in higher conviction plays. $FCX doesn't come across as super undervalued, and if I truly believe in the copper thesis, there are probably plays with more torque. As for gold, I know you like it, but I just can't help but be put off by precious metals. Industrial metals are just more interesting to me and in a sense predictable, not as chart oriented.
Interesting. I'm always tossing around more copper names, but might just continue to ride TECK as it splits. Why do you think tin? Or is it just cheap?
Well, found out why TECK was down so much today: https://www.reuters.com/markets/deals/indias-jsw-steel-slows-process-buy-stake-canada-teck-coal-unit-source-2023-09-21/ Looks like diplomatic tensions between Canada and India (who had that one on their bingo board?) are slowing the deal down.