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.

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Capstone Copper Corp

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Comment by LongonZincon Aug 01, 2013 2:49pm

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Post# 21644575

RE:RE:Double From Here?

Not sure how you figure they overpaid for Pinto, if they can recover 80% of the measured and indicated resource (=6 billion pounds), then they paid 11-cents per pound + plus got a fully functioning mine, seems like a pretty good deal. If you back out the costs to develop the mine, permits, etc... then they paid around 2-cents a pound. Oh don't forget 90+ million pounds of moly (free) and an undetermined amount of silver.

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