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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 Pat123on May 16, 2022 4:35pm
240 Views
Post# 34687373

RE:RE:RE:CMMC and Inflation

RE:RE:RE:CMMC and InflationMastermind. I understand your point but the interest rate on the bond will stay at 8% until maturity in 2026. The problem with a Copper price at $4 is that CMMC will have a hard time generating half the 2021 earnings. Lower copper price, higher diesel cost, inflation and poor maintenance decision will erode earnings substantially. Hoping the sale of Eva will provide that liquidity to reduce the debt.
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