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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

Comment by MoneyKon Oct 28, 2020 1:30pm
132 Views
Post# 31796361

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3 results

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3 resultsBased on today's presentation, Capstone (70%) would need around 175M cash to finance the construction of Santo Domingo.

In my opinion, the partner will buy 50% (20% from CS and 30% from Kores) for around 700M. 

If they work on a deal like Teck did with Sumitomo for QB2, Capstone will have close to 50% of Santo Domingo for no additional cost.

100% of Santo Domingo will generate around 500M per year in net cash flow, so that's an additional 250M for Capstone.  Do the math!

IMO.

MoneyK
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