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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 blobboyon Feb 12, 2016 3:02pm
175 Views
Post# 24553728

VOLATILITY CONTINUES

VOLATILITY CONTINUESNo doubt I sold my pure play gold stocks too early, but then again timing this volatile market is pretty tough. Added some more HBM this am. hoping that now we are commencing the bounce back. But would like nothing more to see us base here for another month or so so I can add much, much more as funds become available. Sure was painful to watch the golds fly immediately after I sold them off to buy into this story, but isn`t that the way it usually goes. Regardless, HBM still looks like a pretty solid buy here, realistically is the company going to go away, I doubt that very much. Will the company stay at these depressed levels for ever...again I doubt that very much. I would be careful to be chasing the gold stocks here as they have had a nice move and any hint of the American dollar regaining it`s march north ( many analysts are in this camp ) and we will see gold correct back. I continue to accumulate HBM, a snap back to 5 bucks is very plausable with this over sold stock...likely more as there are some solid targets out there for the $7.00 range. GLTA
Bullboard Posts