Copper Mountain Mining Corporation T.CUM

RE:RE:RE:RE:RE:RE:RE:RE:RE:2021 CF Estimate

[VENMan]

Pat123 - (1/22/2021 9:06:58 AM)
RE:RE:RE:RE:RE:RE:RE:RE:2021 CF Estimate

If you read the 2021 production plan on CS website, the CEO is stating this:

'In the coming weeks, we will close the $150 million silver stream announced last month with Wheaton Precious Metals and it will allow Capstone to become debt free in 2021'  

Liabilities and debt is 2 different things

In Q3, CS had a net Debt of 163M. With the $150M from Wheaton. The debt will gone.

My point was just to include debt info went comparing CMMC vs CS market caps. 

Venman you are making a good point on Accumulated deficit.
 

Anyway both CMMC and CS should do very well this year.

Yes, the debt will be gone but the Liabilities remain. Like I said from the $492 M in Total Liabilities, you're right the company will be debt free because Current Liabilities $67.9m Defferred Taxes $62.4m Other Liabilities $10m and Lease Liabilites $8.4m which total $148.7m will be accounted for. 
When someone tells me how great they feel being debt free because they made their Visa Payment I still wonder how much in interest and what outstanding balance is left on the card. All IMO! 
 
https://www.accountingcoach.com/blog/what-is-the-difference-between-liability-and-debt