Copper Mountain Mining Corporation T.CUM

Primary Symbol: CPPMF

Metals & Mining Copper

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.

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Copper Mountain Mining Corporation > Disappointed

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Comment by philippechampyon Jul 27, 2021 9:02am

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Post# 33609261

RE:RE:Disappointed

Before the 3.8 M pounds unsold, you had another 2.3 M pounds from the two previous quarters, for a total of 6.1 M stockpile.

- last quarter of 2020 : prod 23, sales 18.7, stockpile 4.3
- first quarter of 2021 : prod 25.5, sales 27.5, stockpile - 2 = 2.3

As net income is based on sales, these discrepancies make comparisons difficult. But I agree with you : this quarter would have been much better if they had not accrued stockpile

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