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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

Post by kuchgoldon Aug 03, 2011 11:01am
292 Views
Post# 18898815

We need some positive news.......

We need some positive news.......or this stock will continue to drop.  Haven't heard anything since July 12.  We know the mine is operating we don't need to be told that again.  We know that production results are coming soon but probably lower than anticipated. We need something of value - drill results or an acquisition to increase our resource base - to give us a reason to keep on holding this stock.  With the continual increase in the price of silver and gold and the negative news regarding the economic conditions of the EU & USA we are seeing investors dumping base metal resource stocks  in favour of precious metal stocks.  We have accomplished something big here with the start-up of the mine but I don't think we can be a one trick pony or simply be pleased with our past accomplishments.  We have to break this 6.50 - 7.50 dollar trading range, there are too many sellers out there.  And we don't have a crystal ball into the future even though we continually here analysts and economists talk about higher copper prices later in the year.
Hopefully something is "cooking" and we get some new news soon.


Ps - I thought after breaking the $7.00 range last time we would never see below  $7.00 again - was I wrong.
Have a nice day.
KG
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