Curis Resources among Mickey Fulp's picks on BNN

Copper company Curis Resources (TSE:CUV) was mentioned in a TV interview with Mickey Fulp on Canada's Business News Network.
Fulp, a geologist with over 30 years of experience in the field, runs the MercenaryGeologist.com website which provides commentary on the resources space.
Commenting on Curis Resources, Fulp said that "the fundamentals are strong" and that the company "should produce its first in-situ recovery copper this year".
"The share price has been weak lately due to tax-loss selling and some permitting set-backs," but Fulps said he expects a permit for state lands this year and a production facility to start producing copper on a small basis by the end of the year.
The company's principal asset is the Florence Copper project, a feasibility stage in-situ copper recovery project in central Arizona.
The site hosts a 429 million ton measured and indicated oxide resource grading 0.331 percent copper at a 0.05 percent copper cut-off and containing 2.84 billion pounds of copper. Initial copper production is forecast for mid-2012, and the project is expected to produce between 76 to 84 million pounds of copper annually when in full operation, currently seen by 2014.
Fulp also recommended FreePort McMoRan (NYSE:FCX) as a "blue-chip" copper play.
Commenting on copper fundamentals, Fulp said that he had "rarely ever seen so many bullish indicators" for copper.
He said that the metal had broken through its 200-day moving average and that supply/demand fundamentals were "very much in balance".
Fulp said he was "comfortable" giving an outlook for 2012 copper prices in the $3.50 to $4 range.
"A $4 copper price is a very strong price and all producers can make money at that. All indications right now are bullish."