(NPEZF) Is A Low Float Profile Requiring Immediate Attention (Get On Radar For Monday)
Goldman Sachs Says Copper Bull Run "Fully Underway," Sees Potential For Record High
Did you see what happened this past week? 2 of my recent profiles ran to new 52-week highs!
First, CTXR hit a high of $2.90 on 2/22, making it an approximate 154% runner from my initial alert in December.
VUZI turned in a move of approximately 332% from my December alert when it hit $24.44 on 2/22.
Awesome news, but let's look to the future...
The impressive price rise copper enjoyed last year, was in part thanks to inves*tors seeking safe-haven assets in response to the pandemic.
According to a recent Forbes article, years of under-inves*tment in new copper mines have created a tight supply structure further cementing the price.
China’s quick economic recovery also helped, along with expectations that copper demand will surge as the green economy takes shape in a post-CV-19 world.
With President Biden taking the reins, it’s the dawn of a new greener revolution and that too bodes very well for the price of copper.
In areas where the pandemic has caused food shortages, demand for freezers has soared as they require copper in their cooling mechanisms.
As if that wasn’t enough, the health sector is increasingly using the age-old commodity in its fight against infection. Copper has been used for its antimicrobial properties for over 4000 years. Nowadays its use is not only valuable but vital in the manufacture of many applications from hospital bed railings to medical devices and even touch screen pens.
Further, copper demand will be substantially impacted by the growing market for electric vehicles (EVs) over the next decade, according to new research commissioned by the International Copper Association (ICA).
All types of EV require a substantial amount of copper. It is used in batteries, windings and copper rotors used in electric motors, wiring, busbars and charging infrastructure.
For these reasons and more that I'll highlight in this report, there is only one copper profile to have on your radar on Monday, March 1st:
Bam Bam Resources Corp. (NPEZF)
Bam Bam Resources Corp. is engaged in the identification, review and acquisition of latter stage copper and copper/silver/gold assets. This is in direct response to the growing worldwide demand and lack of supply for precious metals fueled by the Green New Deal in the US and most other developed nations with similar programs aimed at addressing climate change.
Bam Bam Resources Corp. also trades under the symbol (BBR) on the Canadian Securities Exchange.
The company's flagship project is the Majuba Hill copper, silver and gold project located 156 miles outside Reno, Nevada, USA. Management has been mandated to focus on safe, mining friendly jurisdictions and government regulations supportive of mining operations.
Majuba Hill Project