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.

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Copper Mountain Mining Corporation

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Comment by lr8970on Jul 05, 2011 4:51am

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Post# 18795281

RE: Looks Like Another Good Day for Copper Mountai

wannabebuffet, not sure if you were asking about large deposits of base metals or precious metals or both.

For a large base metal deposit, take a look at RGX. Their main property has a 43-101 with 44 million tonnes of Fe-Ti-V. Estimated value is $30 billion less development costs of $3 billion, and that is only for two of the three historic zones that were drilled. Market cap is just $37 million. PEA is expected in Sept 2011 and production is supposed to start by the end of 2012. They have a second property with an estimated (non 43-101 compliant) 300 million tonnes of iron ore. They also have a proprietary TiO2 processing technology that should make them one of the lowest cost producers in the world. Share price is currently
.415 and the former CEO said in an interview that he expects the share price to eventually increase to $20 once they are at full production in 2016.

For a large precious metal deposit, take a look at PVG. It is basically a spin off of SilverStandard's gold assets and is run by SilverStandard ex-president Robert Quartermain. It is next to Seabridge's (SA) KSM property.Back in January when I bought PVG, Nova marketcap was $3 billion, Seabridge $1.2 billion and PVG $500 million all with similarproperties and resource bases. If SA's KSM property is bought by a major, or if SA and PVG combine their adjoining properties (creating the largest gold/copper depositin North America, even bigger than NDM's Pebble) and sell it to a major, PVG should jump. Even if PVG's and SA's properties are not sold to a major, PVG hasgood drill results which can cause the share price to go up. Some of it is low grade but there is some extremely high grade ore which they plan to mine first, like the drill hole that intersected 16,949 grams per tonne gold and 8,696 grams per tonne silver. Share price is currently $9.15 and one analyst has a $17 target on it.

Good luck with your investments,

LR
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Looks Like Another Good Day for Copper Mountain