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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.


OTCPK:CPPMF - Post by User

Comment by Notgnuon Feb 17, 2021 11:21pm
109 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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