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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Metals & Mining Copper
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

Copper Mountain Mining Corporation
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Comment by wannabebuffeton May 30, 2011 2:57pm
231 Views
Post# 18645559

RE: RE: RE: RE: RE: CALL OPTIONS

RE: RE: RE: RE: RE: CALL OPTIONSIt is each to his own but:

I have July 6's.
The bid is 1.90 which is 3 cents below the stock price of 7.93.
There is not enough premium in the options, in my mind, to make them worth while.
I think it is because they are so thinly traded.
I will wait until expiry and then excercise the option buying the shares.
I might as well have just bought the shares outright.

What kind of option premium is minus 3 cents?

If the price of CUM starts to run, which is likely when revenues are reported, the
option premium should improve, right now it is not so good.
-3 cents.
Bullboard Posts
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