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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
Post by Stockdog12on Oct 03, 2008 9:19am
399 Views
Post# 15502177

Re: Cash Rich Funds

Re: Cash Rich FundsCash rich funds have already been burnt big time by HBM management with the aquisition of the White Elephant  Skye Resources and this in itself sent the stock tumbling down beside the economic situation..Were is HBM  to get the cash to  bring this mine on stream at a cost of 1.5 billion...This blunder has nearly set HBM back to a penny stock and the downside is not done yet.. In my opinion they are going to need all that extra cash  and a lot of it is going to disapear into Skye, plus the fact that copper and zinc are dropping on a daily bases. Plus I would not be looking at anyone taking HBM out anytime soon because  thier still is the issue of the smelter and the astronomicle cost for meeting  pollution standards and the cost for clean up ......
Bullboard Posts

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