OTCPK:CPPMF - Post by User
Post by
realcdnon Feb 20, 2018 4:24pm
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Post# 27589977
Last Quarter 2017 - What Happened?
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?