OTCPK:MEAOD - Post by User
Comment by
mstettleron Jul 08, 2016 2:37pm
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Post# 25036310
RE:RE:RE:RE:RE:RE:RE:RE:How about a little Luv...
RE:RE:RE:RE:RE:RE:RE:RE:How about a little Luv...Did someone say copper mountain? I live pretty close to there, I drive by it a lot. It's a junior by market cap only.
It cost them almost a half billion to bring that mine back into production, most of the financing arranged by mitsubishi metals, who own 25% and buys all the concentrate.
80 million pounds of copper produced per year with a current 17 year mine life is not really junior. That's about the same production and much larger larger resource than new gold's new afton mine.