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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
Comment by LongonZincon Sep 22, 2014 6:37pm
217 Views
Post# 22960163

RE:RE:What's going on?

RE:RE:What's going on?
Failure to get the updated water permit means they will not be able to start on new pit, layoffs at Minto coming this week.  Any speculative valuation of SD will fade even more.  Look at how many little miners got hammered today.

Capstone -5%
ALS -6.4%
NCU -7.7%
TCM -6.1%
copper mt -9.8%
III -7.8%

Some of the bigger companies not doing much better-
TCK at 52 week low.
RIO hovering above 52 week low
FCX hovering above 52 week low

Nickle off by more than 4%, iron below $80/tonne, mmore pain ahead for miners.  The short side of the market (DOW, NASDAQ, TSX) appears to look a lot better than the long side. 




Bullboard Posts