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The Company focuses on enhancing production of copper and molybdenum from its Gibraltar mine and acquiring and advancing development of tonnage mineral deposits.
The mining industry is a very good sector to be in right now. Much of the worlds metals that were mined throughout our history are still in use somewhere today. Due to inflation, the metals sector is an excellent sector to be in, due to the fact as the dollar declines, metals such as gold will only increase in value. The nation will always need multiple forms of fuel as the price of oil continues to increase... so coal and uranium will keep looking like better and better investments.However, on the other side, metals always go through cycles. Starting around three years ago, we began our upward trend. While we will probably continue this upward trend for quite some time with the current market, one must realize there will be a large correction at some point. I would say that the metals/mining stocks will be good for at least a couple years.Being in the mining industry, I feel quite safe. Copper is doing amazing right now, as is gold and uranium. I feel safe in my position as an invester and an employee, which should say volumes about the status quo of the market.
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