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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

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

Bullboard Posts
Post by MiningMonsteron Apr 29, 2013 1:37pm
221 Views
Post# 21314652

Nice Acquisition

Nice Acquisition

Guys, the acquisition is clearly accretive. The best part of it is that it's low risk all around and provides immediate earnings. This fits perfectly with Capstone and also puts their cash to work that was earning zero and holding the stock back now they have deployed it in a low risk manner and will immediately increase EPS even beyond their excellent current earnings.  Happy to hold Capstone as opposed to all the money losing fluff out there these days.

Bullboard Posts