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.

TSX:CS - Post by User

Capstone Copper Corp

Bullboard Posts

Post by art27on Jan 29, 2009 5:18am

398 Views

Post# 15736103

The company looks solid

with a nice production cost of $1/lb and projected production 90mil lb CU in 2009

My only concern is the rising warehouse stock level. It looks SCARRY

I think it is a good idea to wait a bit more till prices of copper stabilize. Down to $1.40 again. I thought it would hold at $1.50. Some analysts predict it may go as low as $1.20. We shall watch the warehouse stock level. As long as it keeps on rising the price will keep falling