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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.


OTCPK:CPPMF - Post by User

Comment by twonxanityon Nov 28, 2012 6:46pm
236 Views
Post# 20657450

RE: Barrier to takeover

RE: Barrier to takeover

The market cap is 400 million for 75% of the mine, so for 100% is would be about 530 millon so about 850 million or a bit less Enterprise Value.

 

Costs are high on a trailing basic, are costs high with full production, no. The mine produced copper for less than $2 in the past the high quarter was 3rd Q, but that was with substantial shutdown time and mine upgrades being included in cash costs. IMO the costs are not high, unless you are looking at Q3. Cash costs should be evaluated on a reasonable basis, ie. with full or current product and minus extraordinary mine maintenance.

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