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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

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.


TSX:CS - Post by User

Bullboard Posts
Comment by nijinsky70on Oct 10, 2008 9:42am
326 Views
Post# 15518904

RE: Food for thought...

RE: Food for thought...This may explain why CS's share price again nose dived this morning to around just $1.00. 

I think you guys may have hit the nail on the head in looking at the upcoming merger.  Perhaps the investors are concerned about the combined cash flow.  There is no rationale to the current market's suicidal tendencies.  Looks like investors are just getting out regardless of what their shares can fetch.  I still think at this stage the best strategy is hold on tight and do nothing.  This has to end sometime, right?  Eventually the situation will stablize, we hope anyway.  
Bullboard Posts