Copper Mountain Mining Corporation T.CUM

Primary Symbol: CPPMF

Metals & Mining Copper

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.

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Copper Mountain Mining Corporation > Upside Potential

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Comment by IgnacioCashmereon Oct 09, 2020 12:38pm

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Post# 31696003

RE:RE:RE:Upside Potential

I agree about the debt being an albatross around the neck. As I understand it, they have a $32 million USD payment due stilp in 2020. That comes out of Q3 or Q4, negating all profit for 1 quarter. They have another $32 next year. It appears they have in total $0.98 per share in debt. That will go down rapidly however in the near term. I expect we will see $ 0.36 EPS within 12 months, & the true value of CPPMF will break out. But they have to remain serious about reducing their debt, not just rolling it over because "interest rates are low". No debt should be the goal.

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