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Coppernico Metals Inc CPPMF


Primary Symbol: T.COPR

Coppernico Metals Inc. is a Canada-based mineral exploration company. The Company is principally engaged in the acquisition and exploration of mineral property interests. The Company is focused on exploration and discovery of copper-gold deposits in the South America. The Company’s primary asset is the Sombrero copper-gold project located in southern Peru. The Sombrero Project is a land package of approximately 102,000 hectares located about 340 kilometers SE of Lima in southern Peru. The concessions are hosted in the northwestern extension of the Andahuaylas-Yauri belt. The principal targets at Sombrero are copper-gold skarn, porphyry systems and precious metal epithermal deposits. The Company’s subsidiary is Sombrero Minerales, S.A.C.


TSX:COPR - Post by User

Bullboard Posts
Comment by parachuteon Mar 30, 2012 4:35pm
428 Views
Post# 19741011

RE: Support Level

RE: Support Level

The share price sucks and is ample proof that the market will pounce on perceived company weakness.  Fortunately I think most of us believe that Copper Mountain has all sorts of strength going forward and once we get the Quarter 1 report out at the end of April or so, we'll be in a much stronger position. I don't believe the company would do a share issue to pay for expenses at this low share price but would rather draw on a line of credit.  The mine is built; they're just paying salaries and diesel costs now.  Now, Baja, there's a mine that will need to issue and re-issue shares.

Bullboard Posts