OTCPK:CPPMF - Post by User
Comment by
longshot52on Oct 29, 2015 3:35pm
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Post# 24240344
RE:C*U*M Has Serious Potential to triple next year.
RE:C*U*M Has Serious Potential to triple next year. matrad
The worth of a mining stock is no some depriciating assets like crushers and trucks but the value of the ore body. Also you failed to mention the ~$350 million of debt.
The only reason that the shares "Has Serious Potential to triple next year" (outside the chance that the ongoing drilling program could find a richer/bigger ore body) is that spot copper prices goes up next year. Just look at graphs of Copper Mountain and the Spot price of Copper they practically mirror each other.
regards
longshot52