BMO pointed to a number of investor meetings it held over the past week.
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Resources-focused investors are growing increasingly twitchy about the recent rally in metals prices – especially copper – and are looking to shield against downside risk, suggesting the cycle may be approaching – or have already reached – a peak, Montreal-headquartered investment bank BMO said in a note on Monday.
BMO believes the large cap copper players are set to retreat in value after a strong rally
BMO pointed to a number of investor meetings it held over the past week.
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