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Coppernico Metals Inc CPPMF


Primary Symbol: T.COPR

Coppernico Metals Inc. is a Canada-based mineral exploration company. The Company is principally engaged in the acquisition and exploration of mineral property interests. The Company is focused on exploration and discovery of copper-gold deposits in the South America. The Company’s primary asset is the Sombrero copper-gold project located in southern Peru. The Sombrero Project is a land package of approximately 102,000 hectares located about 340 kilometers SE of Lima in southern Peru. The concessions are hosted in the northwestern extension of the Andahuaylas-Yauri belt. The principal targets at Sombrero are copper-gold skarn, porphyry systems and precious metal epithermal deposits. The Company’s subsidiary is Sombrero Minerales, S.A.C.


TSX:COPR - Post by User

Bullboard Posts
Comment by continuity1on Oct 31, 2014 5:44pm
309 Views
Post# 23083833

RE:buy on speculation

RE:buy on speculationFor 2014, our direct operating margin year to date is over $2 a pound I am going to repeat that our margin is $2 a pound or for those who you who think in terms of tons it’s about $4,400 per ton, Bisha generate cash. I expect that in 2014 we should generate something in excess of $120 million in after tax, after CapEx, free cash flow. The future also looks good not only for the 2015 copper operations but also for the zinc plans expansion as well as adding zinc operations in 2016 to the existing copper operations, to take advantage of anticipated commodity increases. I also highlight that we have not committed any of our zinc off take, which means that we have much more opportunity to maximize value during future off take negotiations as we take advantage of a seller’s market for zinc.
Bullboard Posts