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 > Financing

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Comment by Pat123on Nov 02, 2020 3:27pm

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Post# 31824200

RE:RE:RE:RE:Financing

In the best scenario and everything is going our way, I agree. However, if we double or triple or debt burden and the copper price goes south at any point in the coming years, the stock will get hit much harder. I'm not sure it's time to take that king of risk right now. It's too soon.
They should take advantage of their current situation and pile as much cash as possible or reduce their current debt. They could also sell Eva and make a considerable gain.

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