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There's a copper mine in Russia. It's under-exploited,
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There's billions under the ground.
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To get it out, all we need is a couple hundred million.
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You put in 100, we'll put in 100.
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We'll triple it in six months."
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I was skeptical, so I go check it out.
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Geological survey's right. Friendly government.
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And to lock it in, you hedge it.
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Right? We sell the copper ahead.
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Commodities exchange and it all works. It's fine.
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We're making a fortune.
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And then there's something that I hadn't accounted for.