OTCPK:CPPMF - Post by User
Post by
crazytownon Jan 27, 2015 9:22pm
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Post# 23370571
RE:Could this be the bottom for copper mountain?
RE:Could this be the bottom for copper mountain?
First Quantum produced 1.4lbs of copper per share this year. Even if the sentinel project in development works out hey get about 2.3 lbs of copper per share of production per year. Copper mountain is producing about .5 lbs of copper per share per year to eventualy rise to maybe .65 lbs per share per year. Sot that means first quantum is currently producing about 2.5 the copper per share, and in the future if all goes well mayb 4 times the copper per share as cu m. Yet First quantum is trading at TWELVE times the value per share as cu m. By this metric and I have run many others cu m would have to trade to between $3 and $4 per share just to trade equal to first quantum on this metric at current prices. Let's not even get started on jurisdictional risk etc. where cu m is waaay out in front. Just my opinion, good luck to all.