"The history of Eureka lies in its future." - Lambert Molinelli, 1878

DISCLOSURE

The author/editor of the Eureka Miner owns common shares of local mining stocks, McEwen Mining (MUX) and General Moly (GMO). Please do your own research, markets can turn on you faster than a feral cat.

Tuesday, April 7, 2009

Copper breaks $2.00

Lunch Break News Miners!

The May contract for high grade copper broke $2.00 around 10:30 (ET) today. Although it has fallen back slightly ($1.9795), this is a yee-ha for improving global demand (especially on a day when the DOW is down 200 points to 7775.86).

Gold is also up $11.2 to $884.0.

Cheers,

Colonel Possum
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