Advanced Exploration Projects in safe jurisdictions are not commonplace any more. Check this additional tid bit of good news...
this bodes well for us...
I have not seen this figure quoted before on how many ton's copper
will be stored just in the initial launch of the ETF. Thought it was
interesting. A huge opportunity for
Copper investing in 2013 could be on the market soon - that is, unless half
of the "red metal" industry gets its way.
A group of copper consumers is accusing the U.S. Securities and Exchange
Commission (SEC) of being "arbitrary and capricious" when last month it
approved the JPMorgan XF Physical Copper Trust, the first-ever U.S. copper
exchange-traded fund (ETF) backed by the metal itself. The fund had a
two-year wait for the green light.
The trust initially plans to hold 61,800 metric tons of copper in warehouses
worldwide. That is equivalent to about 27% of the copper held in London
Metal Exchange's (LME) global network of warehouses.