BAM BAM RESOURCES (CSE:BBR / OTC:NPEZF) IS OUR FAVORITE COPPER EXPLORATION STOCK–RIGHT NOW!!




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Summary: BAM BAM RESOURCES (CSE:BBR / OTC:NPEZF) IS OUR FAVORITE COPPER EXPLORATION STOCK–RIGHT NOW!! The craziest part? Copper’s run could just be getting started as the economy heats up and reopens, and inflation rears its ugly head. Demand, to put it lightly, is off the charts. In a May 4, 2021 note, Bank of America commodity strategist Michael Widmer mentioned that inventories measured in tons are now at levels not seen in 15 years. He also said to due to the fundamental environment and the depleted inventories, copper could spike to $13,000/t in the coming years after recently notching $10,000 for the first time in a decade. Bank of America further added that the world risks “running out of copper” amid widening supply and demand deficits and that prices could hit $20,000 per metric ton by 2025. Glencore’s CEO, Ivan Glasenberg, also believes that copper would need to hit $15,000 to drive new supply in terms of inventories measured in tons. That means that the price of copper could have ~50% upside potential. David Neuhauser, founder and managing director of U.S. hedge fund Livermore Partners, also told CNBC that copper is “the new oil.” This is due to its essential role in rapidly growing industries, such as electric vehicle batteries and semiconductor wiring. BHP’s President of Minerals for the Americas Ragnar Udd also believes copper demand will double thanks to decarbonization. Look at EVs, for example. There were about 2.5 million EVs on the road in 2020. Deloitte projects this number to skyrocket to 11.2 million in 2025 and then hit 31.1 million by 2030 at a 29% Are you aware of the amount of copper these EVs require? Wood Mackenzie says that a fully electric vehicle may need to use up to a mile of copper wiring and up to 250% more copper by 2030 for charging stations alone. An EV may also require roughly 180 pounds of copper. In comparison, an electric single battery bus may require upwards of nearly 800 pounds. The Wall Street Journal also mentioned that the pressing catalyst of infrastructure spending could accelerate copper’s demand. To put it lightly, copper is a foundational rock of the Biden $2 trillion infrastructure plan. The plan includes about $400B in clean energy tax credits and several infrastructure and EV-related goals that could require unprecedented amounts of copper. Miners like Bam Bam Resources (OTC: NPEZF) (CSE: BBR) (XFRA: 4NPB) are at the frontlines of this boom and could have historic upside potential. Why? It’s simple. As Bloomberg so eloquently (and bluntly) says, without enough mines or miners, the world may need an estimated 10 million more tons of copper just to meet demand. However, with its next-gen mining and Majuba Hills Project, the upside for this company could be higher compared to its peers. Especially considering that mining companies like Bam Bam are leveraged to the commodity’s upside. Plus, as we enter what could be the largest inflation scare in “40 years,” Forbes says “Precious metals mining stocks probably provide a better inflation hedge than base metals and other commodities.” Why Else Is Copper Such a Hot Commodity? Copper for millennia has been vital to the human race due to its unique thermal and electricity properties. Copper, in more recent times, has been essential for plumbing, wiring, and more. Over the last few decades, as technology has advanced, it’s become even more critical. Whatever device you’re reading this on probably uses copper wiring. Now, with a reopening economy, a surging GDP, and demand for clean energy, sustainability, and efficiency, we may have reached the base camp of a generational rally for the metal. After all, “copper’s broad use in various industrial sectors including construction, transportation, and telecommunications, makes it a reliable early indicator of economic activity.” What Makes Bam Bam Resources (OTC: NPEZF) (CSE: BBR) (XFRA: 4NPB) Uniquely Positioned For Success? Bam Bam Resources, Corp. STOCK QUOTE is...