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Cmp Mining Inc T.CMP.UN


Primary Symbol: C.CMP

CMP Mining Inc. is a Canada-based mineral exploration company. The Company’s principal business activities include the acquisition and exploration of mineral property assets. The Company’s mineral property is an early-stage exploration prospect known as the Coquigold Property. The Coquigold Property is located in the Nicola Mining Division of British Columbia. The property consists of 15 mineral tenures totaling 2,659.9 hectares (ha) located in the province of British Columbia.


CSE:CMP - Post by User

Post by phil_ton Nov 04, 2010 3:18pm
372 Views
Post# 17659082

Closing the discount gap

Closing the discount gapAlthough the looming dilution from warrants is acting as a bit of a drag on otherwise stellar gains in NAV, it will be interesting to see if the increased liquidity provided by doubling of units after excercise date will help to reduce the discount gap.

I figure this should be worth at least $16 now, even after accounting for managment incentive fee and tax liability.  With the right PR it is not out of the question that it could someday trade at a premium to NAV but I'm not holding my breath.
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