OTCPK:CPPMF - Post by User
Comment by
personalon Dec 23, 2020 2:29pm
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Post# 32170908
RE:RE:Wall at $1.80
RE:RE:Wall at $1.80I still can't believe this stock is not 5.00.
TD put out a report today on maybe CMMC should do some type of streaming deal like Capstone did last week. TD is forecasting .72 cash flow per share for 2021.
If you put a 5 times multiple, you get 3.60 target, and don't forget TD has been pretty negaive on CMMC in the past and they are using a copper price of 3.10 to 3.20 for 2021.
That gives us a .50 cushion of price decline for the price of copper.
Hopefully this we are in the middle of a super cycle in commodities, Canada sure needs it. LOL