OTCPK:CPPMF - Post by User
Comment by
Rational43on Feb 02, 2021 9:04pm
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Post# 32454537
RE:Needs to be noticed however.........
RE:Needs to be noticed however.........I agree CS has handled the correction the best of all.
I think the zero net debt makes it the "Safe midcap copper choice"
For that massive institutional money, that really doesn't want to invest in a commodity producer at all...but is getting pressure to have some exposure to copper and some in this market cap space...they pick the one with the least chance of going to zero, so they pick CS.
Its certainly better fundamentally than Taseko.
Institutional money is still scared to death of commodities and commodity stocks.
That's why we have a long way to go, and you can still find stocks like this with a forward PE under 3.
Bay Street doesn't look at them until they announce earnings, so the next Q will be telling.