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Coppernico Metals Inc CPPMF


Primary Symbol: T.COPR

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.


TSX:COPR - Post by User

Comment by Notgnuon Feb 17, 2021 11:21pm
110 Views
Post# 32592785

RE:Copper at $8560 per tonne!

RE:Copper at $8560 per tonne!I like TKO and CMMC and MIN but (as you know) I like NCU the most.

Here are two of many reasons why:

First: No insider selling despite past issues and near bankruptcy.

Second: 
NCU cost to produce is $1.90 to $2.10 per pound depending... let's call it $2.00

Other copper mines cost $0.50 to $1.50 let's say... so let's call it $1.00 per pound

At $2.50 copper:
  • NCU    =  $0.50 profit
  • Other's = $1.50 profit (or 3 X NCU)
At $3.00 copper:
  • NCU    =  $1.00 profit
  • Other's = $1.50 profit (or 1.5 X NCU)
At $3.50 copper:
  • NCU   =   $1.50 profit
  • Other's = $2.00 profit (or 1.33 X NCU)
At $4.00 copper:
  • NCU   =   $2.00 profit
  • Other's = $2.50 profit (or 1.25 X NCU)
At $4.50 copper:
  • NCU    =  $2.50 profit
  • Other's = $3.00 profit (or 1.2 X NCU)
 
Why NCU benefits more? Answer (in above example):
  • Other's went from $1.50 to $3.00 profit = 100% increase
  • NCU   went  from  $0.50 to $2.50 profit = 500% increase

In this example NCU benefits 5 X more than the other's

Cheers,
Notgnu
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