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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

Capstone Copper Corp. is a copper mining company. It owns and operates the Pinto Valley copper mine located in Arizona, United States of America, the Cozamin copper-silver mine located in Zacatecas, Mexico, and the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile. It also owns 70% of the Mantoverde copper-gold mine, located in the Atacama region, Chile. In addition, it owns the fully permitted Santo Domingo copper-iron-gold project, located 30 kilometers (km) northeast of Mantoverde in the Atacama region, Chile, as well as a portfolio of exploration properties in the America. The Pinto Valley Mine is an open-pit, copper mine located in Arizona, United States of America. The Cozamin Mine is a copper-silver underground mine with a surface milling facility, located 3.6 km north-northwest of Zacatecas City, Mexico. The Mantoverde copper-gold mine consists of four pits situated along the Mantoverde fault, each of which contains both sulphide and oxide ores.


TSX:CS - Post by User

Bullboard Posts
Comment by theguru1on Aug 28, 2009 9:46am
375 Views
Post# 16257887

RE: CS and NCU

RE: CS and NCUNot sure if it's NCU, but the only reason for the low Capstone share price is what they do with all there cash. They didn't raise all this money to sit on there hands so we know and the company will tell you they are actively looking for a takeover. That being said I would guess they have been in negotiation for some time with some copper juniors that need excess to cash to start a mine. I would think the hard work of permitting and an EIS would be done and only the hard part of raising capital was needed. The mining industry is very small and these guys all know each other. Hope there's a deal worth it for them or they may be the ones taken out.
Bullboard Posts