"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, General Moly (GMO), McEwen Ming (MUX) and Newmont Mining (NEM); together with benchmark miner Freeport-McMoRan (FCX). 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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