Prismo Metals Poised to Benefit from Looming Copper Crunch, Exec Says
The copper market's current state presents both a challenge and an opportunity for explorers like Prismo Metals (CSE:PRIZ,OTCQB:PMOMF,FWB:7KU), Steve Robertson, the company’s new president, told the Investing News Network. A forecast supply deficit looms on the horizon and is expected to take full effect by 2025, prompting a sense of urgency among copper producers and explorers alike. "For quite some time now ... there's been a deficit, this forecast for 2025," Robertson said, pointing to a critical market juncture. This imbalance is being influenced by the complex nature of copper mining, whi...