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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 Jan 13, 2015 7:37pm
305 Views
Post# 23316017

RE:RE:RE:WHAT A SHAME IT IS

RE:RE:RE:WHAT A SHAME IT ISHorse,

You pick on these guys non-stop, sort of pathetic.  Look at the main project, Santo Domingo, huge capex, complicated mine, and nearly 50% of revenue generated from Iron...have you seen what the price of iron fines has done since January of 2014.  Down over 50%, the project is losing its viability.  Iron is beyond free fall.  That leaves them with a low grade mine with high debt, high grade with ultra high cash costs, and cozamin.  The only thing we are seeing now is the X-mas trade reversal, 100% predictable.  Why you or anyone would continue to hold this is beyond, good for a short term trade.  Thas is over.

As far copper price retreat vs share price, that is exactly what would be expected, on average expect to trade 2-3x the change in metal price.
Bullboard Posts