We didn’t post any blog updates this week as we were attending the PDAC International Mining Conference in Toronto.
Thibaut Lepouttre gave a presentation at the Letter Writer Forum on Sunday, and you can download the slideshow here.
Posting will resume as normal from Monday on.
Hello
Thanks for the reports, I enjoy reading them.
I know you have previously been a supporter of EMED.
As they were at the PDAC did you speak to management? Do you still think they are a worthy investment?
Thanks
Alan
Dear Alan,
We have indeed been following EMED for quite a while now, but this is the 4th consecutive year the management is promising the permits will be issued and we lost faith. On top of that, the capex and opex will have gone up due to inflation, so we are now mainly focusing on low-cost copper producers as we anticipate a further drop in the copper prices due to over supply.
We hope this answer helps, and don’t hesitate to contact us again in the future.
Kind regards,
The Caesars Report Team