GBA Presents: THE GREEN MARKET

This stock has basically been $64-$67 forever.

We did get in at a good price I have to double check but honestly with copper pricing being where it is the lack of explosion upwards has be worried. Why Southern Copper not $90?

It's the same sort of question we ask about SQM -
Sociedad Química y Minera de Chile S.A.
 
I have to say GBA is getting frustrated with Southern Copper.

The thesis is so strong:

What we are dealing with now is something called "greenflation".

What this means is that efforts to create a more sustainable and non-polluting economy cause certain prices to rise, which creates inflation. Especially Europe and North America have committed to transition to "net-zero" in the future. Even if that means dealing with higher inflation that is almost impossible to combat for central banks.

One example of greenflation on copper is electric mobility ("EVs"). A conventional ICE vehicle includes roughly 18-49 pounds of copper. A plug-in hybrid vehicle has roughly 132 pounds of copper. A battery-electric vehicle has roughly 183 pounds of copper -

According to the IEA, EV adoption will grow to 61% of new vehicles by 2030. That's 8 years from now.



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Bloomberg had something this morning which basically echoed what I told you several weeks ago, said the costs of running the mines are outpacing the increases in metals' prices. Are the miners all reporting this week?

I feel like every time I come on this thread you're bragging, it's getting old man.
He just does that to bother me. Relax.
 
He just does that to bother me. Relax.[/QUOTE]

Is is true I like to get Van going. But I'll tell you all one thing. Van is an incredible thoughtful Investor & kind individual despite his bluster. ~si
 
Here is a nice little kicker... Stock spikes -- vacations are planned--- stock is sold--and then settles back and then reload time for-->

VANCOUVER, British Columbia, February 11, 2022--(BUSINESS WIRE)--AbCellera(Nasdaq: ABCL) today announced that executives from the Company will present virtually at the 11th Annual SVB Leerink Global Healthcare Conference on Thursday, February 17, 2022, at 12:40 p.m. Pacific Time.
 
Here is a fun chart. It's low volume but trades heavier in Italy. Moncler.

Take a 5 year view $44 break out---> gets up to $62 area

Back and fill $69 to $62 creates anew base.

Now look at a 1 yr and see nice move up Oct 2021- the angle of which is quite extreme.

Raw rolling paper Uptrend Points ultimately to a price of $90.

If nothing else we are setting up for a trade of $68 to $78

Moncler S.p.A. (MONRY)-- Fits nicely in an IRA

67.800.00(0.00%)
At close: February 10
 
At What Point Does This Become Propping Up The stock?


Asana’s CEO Has Bought $1 Billion of Company Stock. It’s Likely the Largest Purchase Ever by a Corporate Insider.
975f643fb1dabc056ccd6c21f06453f6

Asana’s CEO Has Bought $1 Billion of Company Stock. It’s Likely the Largest Purchase Ever by a Corporate Insider. The Gilded Age!


 
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