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Hudbay Minerals Inc T.HBM

Alternate Symbol(s):  HBM

Hudbay Minerals Inc. is a copper-focused mining company. The Company has operations and pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada, Peru, and the United States. The Company’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Its growth pipeline includes the Copper World project in Arizona, the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations. The Company owns 75% of the Copper Mountain Mine, which is located south of Princeton, British Columbia. Copper Mountain Mine is a conventional open pit, truck, and shovel operation. The mine has approximately 45,000 tons per day plant that utilizes a conventional crushing, grinding and flotation circuit to produce copper concentrates with gold and silver credits.


TSX:HBM - Post by User

Bullboard Posts
Post by DerbyDogon Jan 15, 2016 8:37am
129 Views
Post# 24461158

Ugh.

Ugh.Just sharing my pain with the board...
I have averaged down. I had pretty high conviction that $5 was a pretty solid floor. When I brought my average cost per share down to 5.28 I was pretty confident we had carved out a nice bottom and I was close to it.

Hoping the market won't stay irrational longer than HBM can stay solvent.
I am still tempted to add on weakness, but my discipline won't let me. Going to give this 12 months and see where we are when we complete another lap of the sun.

Good luck to all.

 


Bullboard Posts