Capstone Copper Corp T.CS

Alternate Symbol(s): CSCCF

Metals & Mining Copper

Capstone Copper Corp. is a copper producer operating in the Americas. It is engaged in the production of and exploration of base metals in the United States (US), Mexico, and Chile, with a focus on copper. The Company, through a wholly owned Chilean subsidiary, Mantos Copper S.A., owns and operates the Mantos Blancos mine, located 45 kilometers (km) northeast of Antofagasta, Chile and the 70%-owned Mantoverde mine, through a subsidiary, Mantoverde S.A., located 50 km southeast of Chanaral, Chile. It owns and operates the Pinto Valley mine located in Arizona, US, Cozamin mine located in Zacatecas, Mexico, and has a portfolio of exploration properties in Mexico. It also holds the fully permitted Santo Domingo copper-iron-gold-cobalt development project in the Atacama region of Chile, 35km northeast of Mantoverde. Through Compania Minera Sierra Norte S.A., it owns 100% of Sierra Norte, an iron oxide copper gold deposit located in Chile's Atacama Region, that spans over 7,000 hectares.

TSX:CS - Post by User

Capstone Copper Corp

Bullboard Posts

Comment by Ubervakon Oct 20, 2012 4:39pm

190 Views

Post# 20506697

RE: RE: Zero Debt and over $500 Million cash =?

Well after having watched Pala buy oodles of Mercators Mineral shares over the past years (their average price per share is $3.90 for 48 million shares) and the current SP of ML @ $.50 I dont think they are the czar's of trading you think they are.

But again, according to TD waterhouse they still own 38 million CS shares... 2 million only have been sold, thats what 5% of their position? Maybe they need the money to average down on ML shares hah?

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