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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
Post by caillenon Jan 29, 2015 11:32am
216 Views
Post# 23377241

Possibly the low...

Possibly the low...Just bought. Low is usually the most drastic on low volumes...exactly what we saw today. All other factors are solid for this position. $413 market cap. Cash of $176 and inventory of $104 with debt all rearranged and 14% to equity makes this a buy regardless of what it happening out there. Copper levels are at five year lows and yet copper inventories are also at five year lows other than the two month blip we just saw. Simply the risk aversion to commoditities which will soon blow over. This is a double still this year. 
Bullboard Posts

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