Must Own Copper Stock For 2020 - AUG

By ivan bebek / June 18, 2020 / www.youtube.com / Article Link


The must own copper stock for 2020? Auryn Resources is at the top of the list here at Cambridge House. Today we sit down with Ivan Bebek, Director and Executive Chairman of Auryn to discuss:* Copper price, Copper Demand* Whats in the pipeline for 2020 and beyond While there are several primary drivers of copper demand, Ivan gives us his top demand drivers that will fuel the next copper bull run.At the top of the list is Electrification, as copper is essential to electric vehicle technology. And with around 2.2% of the world now driving electric vehicles, most of the worlds copper supply is used in these vehicles.By 2027, the demand for copper due to electric vehicles is expected to hit 1,700 Kilotons.The current demand for copper in electric vehicles is increasing monthly and once around 5% of the worlds population is using electric vehicles, there will be no more copper leftThis is a massive supply/demand factor.New Infrastructure is also creating a demand for copper that will far outweigh its supply. With trillions of dollars into expected global infrastructure improvements, copper will be at the forefront of the resources used.One of the key issues facing copper supply is that it takes 15-20 years to bring a copper mine into the pipeline. And currently, there aren't many mines that are ready for production.Once the combination of electric vehicle sales increases along with major infrastructure being built kicks in, the demand for copper is going to go off the charts.There will be a global copper shortage. This is something Tesla founder Elon Musk talks about, how little copper there actually is.Copper is a green planet resource in that its 100% recyclable and can be reused without losing important engineering qualities. It is a truly sustainable material.The price of Copper is performing amazingly well during this pandemic. With price up over 32% in the last 2.5 months alone, the copper bull run is just beginning as savvy investors are starting to take head at the coming copper shortages and demand multipliers.The demand for copper is going to continue to grow and is far greater than supply.So how exactly is copper demand being met today? From the mines built a decade ago.Ivan is predicting a supply crunch in 2021 for copper.The top 3 Tier One projects at Auryn Resources in the coming decade are:Sombrero - Peruvian 60 million ounce copper & gold skarn and epithermal deposits mine.Committee Bay Gold Project: 300 kilometer long gold trend in the Arctic Circle, remote and no geopolitics at play.Curibaya: Peruvian Silver & Gold Mine - High Grade Silver and Gold over a large area.Investor Note:Ivan is considering breaking Auryn Resources into 3 different companies in order to make a lot of money for shareholders. This is a tentative plan that the company has been considering.Auryn has spent over $100 million dollars to find the worlds biggest mine. And they are fully funded with lots of capital available for each product.Auryn Resources trades on the AMEX under ticker $AUGIf you like this video, check out more from us here:The Next Black Swan Event: Adam Barattahttps://youtu.be/NEnuWv38urIRecession Proof 2020 | CEOs Weigh In On Investing During A Crisishttps://youtu.be/LNHiuUvYBmM#Copper#Investing#$AUG

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