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Hudbay Minerals Inc T.HBM

Alternate Symbol(s):  HBM

Hudbay Minerals Inc. is a copper-focused mining company. The Company has operations and pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada, Peru, and the United States. The Company’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Its growth pipeline includes the Copper World project in Arizona, the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations. The Company owns 75% of the Copper Mountain Mine, which is located south of Princeton, British Columbia. Copper Mountain Mine is a conventional open pit, truck, and shovel operation. The mine has approximately 45,000 tons per day plant that utilizes a conventional crushing, grinding and flotation circuit to produce copper concentrates with gold and silver credits.


TSX:HBM - Post by User

Bullboard Posts
Comment by HDP18on Jun 22, 2007 2:11pm
350 Views
Post# 12985833

RE: No explaination

RE: No explaination The stock was at $22 not very long ago...it was $25 just the other day so in % terms thats a pretty good short term gain. The markets are usually soft in the summer and with concerns of a possible softening of the US economy due to higher rates, housing, etc, HBM will trade with the market. It may be taken out by firms such as Lundin or Teck, or some other player but that is already priced in. HBM will move on higher if it makes an acquisition that is logical and or shows big production increases in its existing properties. This summer stay cool and relax...all in IMHO.
Bullboard Posts