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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

Capstone Copper Corp. is a copper producer operating in the Americas. It is engaged in the production of and exploration of base metals in the United States (US), Mexico, and Chile, with a focus on copper. The Company, through a wholly owned Chilean subsidiary, Mantos Copper S.A., owns and operates the Mantos Blancos mine, located 45 kilometers (km) northeast of Antofagasta, Chile and the 70%-owned Mantoverde mine, through a subsidiary, Mantoverde S.A., located 50 km southeast of Chanaral, Chile. It owns and operates the Pinto Valley mine located in Arizona, US, Cozamin mine located in Zacatecas, Mexico, and has a portfolio of exploration properties in Mexico. It also holds the fully permitted Santo Domingo copper-iron-gold-cobalt development project in the Atacama region of Chile, 35km northeast of Mantoverde. Through Compania Minera Sierra Norte S.A., it owns 100% of Sierra Norte, an iron oxide copper gold deposit located in Chile's Atacama Region, that spans over 7,000 hectares.


TSX:CS - Post by User

Bullboard Posts
Comment by RealReporteron Sep 23, 2011 4:07am
438 Views
Post# 19075303

RE: Just bought some more at 2.26

RE: Just bought some more at 2.26Well, I see some extremely naive statements here about the state of affairs regarding CS. If you don't just own CS and own a diversified portfolio and look around a little, you'd all know that CS is not alone in this tumble caused by extraordinary investor panic and hysteria or herd mentality. The losses are across the board with some of the very best shares at some of their worst prices.
I sold all my CS shares and took some heavy losses, but then the entire market had become a gamble and not an investment tool. It has become impossible to judge where this thing is going or when we'll reach a point of capitulation. 
Tzunami has done well to point out insider buying has occurred at several points in a bid to bolster confidence. The truth is that CS will pick up again when the market overall picks up. Many times, stocks will sink to unexpected levels because of loss limit orders causing a cascading effect.
The best thing in a market like this is to do nothing at all. I have lost by selling and I have lost by buying. All in the same boat everywhere no matter what you own.
Bullboard Posts