Copper Mountain Mining Corporation T.CUM

RE:Prices all over the place

[Terrebonne]

These days, setting a target SP for a copper play is almost impossible, because the copper price itself is virtually unpredictable. For example, in September 2015, the Economist Intelligence Unit and World Bank and IMF economists were predicting $3 copper by the end of 2015. Boy, were they wrong! Even Glencore's CEO admitted to being baffled by the weakness in copper. If these guys don't know what's going on, I can't have any faith in what the Haywoods and Dundees of the world have to say. In this environment, I close my eyes to them. Maybe the conspiry theorists are right - maybe China is fiddling the copper price. They've done it before with tungsten and manganese. So, what do we mere mortals do? I go with my gut instinct. Copper Mountain has a quality property, smart management, a top tier partner, realistic bankers, and operates in a politically stable jurisdiction. I'm long Copper Mountain, because I see this as a pure copper play that will weather the copper price mystery.