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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

Comment by parachuteon Mar 30, 2012 4:35pm
427 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.

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