OTCPK:CPPMF - Post by User
Comment by
knowsnothing613on Sep 26, 2011 6:43pm
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Post# 19086005
RE: Out of AVM and into CUM
RE: Out of AVM and into CUM AVM already has a market cap around 1B. They may get bought out, but I don't a bid higher than 40% of the current price. And it's also a huge if. As long as CUM copper cost are around 1.30, and they meet production expectation (105M lb copper), they will get back to 7.00, very quickly, if copper heads back to 4.00. That's over a 55% gain for a politically risk free play. But we still have 2 unknowns: production number, and copper cost.