Hudbay Minerals Inc T.HBM

Alternate Symbol(s): HBM

Metals & Mining Industrial Metals & Minerals

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

Hudbay Minerals Inc

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Comment by luscar99on Sep 25, 2007 9:53pm

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Post# 13468273

RE: HBM Buying BWR?

I own them both. I would like to see HBM taking over BWR. Sitting on cash is not a good thing, especially in times like this. HBM has about $600 mil. in cash. BWR has over $100 mil in cash. BWR has better fd P/E, P/B, P/NAV, P/CF ratios. With Breakwater, HBM would have 8 mines in production - that would place HBM in the major's category and warrant a higher P/E multiple. I would like to see a takeover cash&shares combination, somewhere around $1.60 + .1 of a HBM share.

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