Capstone Copper Corp T.CS

Alternate Symbol(s): CSCCF

Metals & Mining Copper

Capstone Copper Corp. is a copper producer operating in the Americas. It is engaged in the production of and exploration of base metals in the United States (US), Mexico, and Chile, with a focus on copper. The Company, through a wholly owned Chilean subsidiary, Mantos Copper S.A., owns and operates the Mantos Blancos mine, located 45 kilometers (km) northeast of Antofagasta, Chile and the 70%-owned Mantoverde mine, through a subsidiary, Mantoverde S.A., located 50 km southeast of Chanaral, Chile. It owns and operates the Pinto Valley mine located in Arizona, US, Cozamin mine located in Zacatecas, Mexico, and has a portfolio of exploration properties in Mexico. It also holds the fully permitted Santo Domingo copper-iron-gold-cobalt development project in the Atacama region of Chile, 35km northeast of Mantoverde. Through Compania Minera Sierra Norte S.A., it owns 100% of Sierra Norte, an iron oxide copper gold deposit located in Chile's Atacama Region, that spans over 7,000 hectares.

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Capstone Copper Corp

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Comment by Hobberson Apr 15, 2007 12:02am

326 Views

Post# 12609731

RE: 1st quarter earnings reduced

kidl2 is right, not a surprise, at least to me. Earnings were clearly .08 while a net income tax recovery of $ 5.8 million gave it the extra .07 cent push. I'm sure I wasn't the only one who saw the extra .07 as gravy and probably one-time. Extra production should make up for the lower copper price in quarter 2,IMO, though it won't much matter. Seems pretty apparent that the second half of the year will leave the first half way back in the dust.

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