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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.


OTCPK:CPPMF - Post by User

Comment by ERTguyon Nov 22, 2017 1:16am
174 Views
Post# 27009017

RE:Shot itself in the foot

RE:Shot itself in the footUmmm isn't this the same thing that happens with every acquisition that is done on the stock market?  hurt for months?  I'll give it 2 weeks of depressed trading tops.  Remember when silver standard acquired Claude Resources last year?  Or when kirkland lake acquired newmont.  The list goes on and on.  Basically you're talking dilution to current shareholders and expecting the market to punish the stock for month after month as a result.  No offense but that expectation is a little unrealistic and given the recent positive Q it seems this board is a whip saw of emotions that reacts to whichever direction the stock price is heading short term.  You see dilution, but i see a stock with positive momentum that is in a short term down cycle while copper is ready to leg up.  the bottom will be 1.45 where the lower bollinger band line lies as well as the 50 day moving average.  It'll bounce off that like a trampoline.  Cheers
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