Copper Mountain Mining Corporation T.CUM

RE:Strange trading at cmmc as usual!

[Redrum180]

On 2/3, the Globe came out with an "underperform" on Copper Mountain and the stock tanked.  I took that article's point as a buying opportunity.  (The SP was off .07 that day!)  Here is part of what they wrote:

"Copper Mountain represents some of the highest leverage to copper prices and the value of the Canadian dollar amongst its producing Canadian peers. In addition to operating leverage, the company also has a highly levered balance sheet, with an estimated year-ending net debt position of $364-million (100-per-cent consolidated) and one of the highest net debt/lb CuEq production in our coverage. While we see the debt as low risk and low cost, it is nonetheless a weight on the company, and with no growth in its plan, the company's fortunes are tied heavily to the price of copper and the value of the Canadian dollar."

I'm glad they're leveraged to the price of Cu and have cheap debt; that's exactly what I'm looking for given the current market trend!  Still think there's room to run.