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

Bullboard Posts

Post by CalifDreamingon Nov 21, 2008 1:01pm

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Post# 15601980

Market hates the deal. HBM down 45%

WTF was HBM "management" thinking? Just wiped out $300MM in value and added huge dilution for crap assets. Are they trying to rival Teck for the most ill advised merger?

HBM "management" needs to do a lot of explaining. Why take on a company for a premium that is in dire need of cash in the midst of a massive credit collapse - if they waited a few weeks, HBM would have paid a fraction of the the price.

Bullboard Posts

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