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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 chengjooon Jan 11, 2008 11:06pm
677 Views
Post# 14191874

RE: HBM depressed price

RE: HBM depressed priceThanks bigvidro. That means beginning Jan.2 2008, there are 9,624,793 shares more to be purchased.Likely they will accelerate their purchases this month given the low SP so that they can take advantage of the lower cost. Nonetheless they are also limited to not more than a certain percentage by the Exchange.
However they do it, i am sure that shareholders' interest will be upheld. come second half, there will be a significant push upside of the share prices. The fundamentals for the company vis-a-vis their operations and the drill results inhouse as well as those from VMS and Birchcliff will add to the value.
Bullboard Posts