Kirill Klip: Jim Puplava: “Copper Is The New Gold. Why I Am Extremely Bullish On Copper And Why It Is Worth Investors’ Consideration. The Green Economy Doesn’t Work Without Copper.”

Saturday, 26 September 2020

Jim Puplava: “Copper Is The New Gold. Why I Am Extremely Bullish On Copper And Why It Is Worth Investors’ Consideration. The Green Economy Doesn’t Work Without Copper.”

Jim Puplava is making a great presentation of the bullish case for Copper by summarising for us today his views on the electrification of our $12 Trillion Transportation and Energy industries: "Copper is the new Gold. Why I am extremely bullish on Copper and why it is worth investors' consideration. The green economy doesn't work without Copper."

Jim is talking about the unprecedented level of buying from China and that companies like Barrick Gold are looking for "Strategic Copper" to tap into the exponential growth of sales for Electric Cars.

Elon Musk and Tesla Battery Day announcements are making The Switch on a truly massive scale possible and we are entering the era of mass-market for EVs and electrification of all our transportation fleets. We have discussed with you before that Tesla rEVolution has already propelled Copper into the bullish Golden Cross and that $5 Dollar Copper can be next milestone in this decade.

The unprecedented global stimulus of over $20 Trillion and expansion of FED and other Central Banks balance sheets are very positive for the new bull markets for the metals like Gold and Copper. "Gold and Copper are among the best investment plays on the lower US Dollar," tells Mike McGlone from Bloomberg Commodities in his discussion with Jim Puplava.

Chart by @Northst18363337

Jim Puplava is talking in-depth about record low Copper inventories at LME, depleted Copper mines with industry head grades going down and the coming $8 Dollar Copper prices during the exponential growth stage of this Green rEVolution. As always, do your own research and below you can find my discussions about the main drivers for Copper Bull market and TNR Gold NSR Royalty position on the entire Los Azules Copper Project - "The Sleeping Giant" as Rob McEwen is calling it. GEM Royalty TNR Gold is plugged into Tesla Energy rEVolution with our Royalty Holdings in Copper and Lithium and now we are entering the new stage of acceleration for this exponentially growing market for Electric Cars and renewable Energy Storage Systems.

Dr Ryan D Long has provided his personal analysis on the potential valuations for TNR Gold Royalty holding with McEwen Mining:

"TNR also holds a 0.36% NSR on the Los Azules Copper Project, located in San Juan Province of Argentina. The Los Azules Project is owned 100% by McEwen Mining Inc (NYSE:MUX) and is expected to be the 26th largest copper mine in the world once it reaches production.

A PEA at the project completed in September 2017, demonstrated a post-tax NPV8 of US$2.2bn with a post-tax IRR of 20.1%. Based on the PEA figures the mine is expected to generate average revenue per annum of U$953mln, which could generate around US$3.5mln a year to TNR over 37 years."

GEM Royalty TNR Gold Powered By Tesla rEVolution: Rob McEwen - "Los Azules Has Resources Of Greater Than 50 Million Gold Equivalent Ounces".

We have discussed with you in-depth that Tesla rEVolution has already propelled Copper into the powerful Golden Cross and the significance of the break out above the $3 dollar Copper price. You already know that TNR Gold is plugged into this rEVolution and the coming mass market for Electric Cars with our NSR Royalty Holding on the entire Los Azules Copper project under the development by the legendary Mr Gold Corp. - Rob McEwen. Today Rob McEwen himself is describing the magnitude of the Los Azules Copper project for your further research: "Los Azules has resources of greater than 50 million gold equivalent ounces."

The mining world is relatively small and it is getting much smaller once you will account all capable people with the real money who can move giant projects like Los Azules Copper into the next stage. To add a few more pieces for this Energy rEVolution value play puzzle we must remember that Warren Buffett bought a $564 million stake in Barrick Gold. Barrick Gold is looking for a strategic Copper and Rob McEwen is "derisking this asset (Los Azules Copper), improving the access, and improving its attraction for a potential JV partner".

"Also, in Argentina is the company's large, 100%-owned Los Azules copper project. "To give you a sense of its size I will convert the pounds of copper to gold equivalent ounces (by dividing the gold price by the copper price, then take the product and use it to divide the number of Indicated and Inferred pounds of copper to arrive at the number of gold equivalent ounces) and to that number add the gold and silver ounces in the deposit. Based on current metal prices, Los Azules has a resources of greater than 50 million gold equivalent ounces. We have focused on derisking this asset, improving the access, and improving its attraction for a potential JV partner," Rob explained."

TNR Gold Los Azules Copper NSR Royalty Holding With McEwen Mining Presentation from Kirill Klip

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