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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Metals & Mining Copper
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

Copper Mountain Mining Corporation
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Comment by dhparon Jun 28, 2012 1:04pm
218 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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