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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.


OTCPK:CPPMF - Post by User

Comment by norm2323on Dec 04, 2010 7:40pm
457 Views
Post# 17801724

RE: help

RE: helpDont forget with your calculations that of the 105 million of production only 75% of that will be ours as shareholders, the other 25% will be going to Mitsubishi Corp for financing the project. Still if looking at a conservative $3.30/lb(like to be conservative) netting $2 a lb. So approx 79mil*$2=160 million net per year. Currently the company is trading at 3 times future earnings if everything goes according to plan. The cost of production at $1.30lb includes financing, I think they come to that number after selling gold and silver credits. Looking at a $1.78 revenue per share at $3.30lb copper.
Hope this helps pgboy.
Anyone out there have a typical P/E for a junior minor just coming into production like this?
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