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Coppernico Metals Inc CPPMF


Primary Symbol: T.COPR

Metals & Mining Industrial Metals & Minerals
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

Coppernico Metals Inc
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Comment by dhparon Jun 28, 2012 1:04pm
219 Views
Post# 20064646

RE: This is getting bizarre

RE: This is getting bizarre

don't ever expect good news from S C UM. i am pretty sure they originally lied about everything (starting with the costs, then annual production, caring about shareholders, frequent updates etc.)

rourke explicitly rejected to hedge part of their production at 4.50/lb 1 year ago.

now we know that there will be a reserve downgrade as they will not be able to say for ever that they are in a lower grade part of a pit. so they lied about the reserves as well. waiting for my 3.30 this week...

 

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