Coppernico Metals Inc CPPMF

Primary Symbol: T.COPR

Metals & Mining Industrial Metals & Minerals

Coppernico Metals Inc. is a Canada-based mineral exploration company. The Company is principally engaged in the acquisition and exploration of mineral property interests. The Company is focused on exploration and discovery of copper-gold deposits in the South America. The Company’s primary asset is the Sombrero copper-gold project located in southern Peru. The Sombrero Project is a land package of approximately 102,000 hectares located about 340 kilometers SE of Lima in southern Peru. The concessions are hosted in the northwestern extension of the Andahuaylas-Yauri belt. The principal targets at Sombrero are copper-gold skarn, porphyry systems and precious metal epithermal deposits. The Company’s subsidiary is Sombrero Minerales, S.A.C.

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Coppernico Metals Inc

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Post by realcdnon Feb 20, 2018 4:24pm

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Post# 27589977

Last Quarter 2017 - What Happened?

Quarter vs quarter results should have been way better. Big disapointment, especially with copper prices 33% higher than last year! US $3.12 vs US $2.35; should have seen a big bump to sales, instead we get $85.7M vs $84.5M, a whopping $1.2M increase.

Copper, gold and silver production were all down compared to 2016 4th quarter. And site cash costs went up from US $1.30 to US $1.60. I guess with less production, you get less precious metal credits, and in turn site costs increase. Is that correct?

Was any of this addressed in the conference call?

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