OTCPK:CPPMF - Post by User
Post by
Rational43on Feb 19, 2021 1:04pm
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Post# 32610847
For another undervalued copper idea
For another undervalued copper ideaY'all know I love the Copper Mountain, for a long time my largest position (frankly WAY TOO MUCH of my portfolio for a while) but for a more risky, but crazy upside I have fallen for a gambler's piece of Trigon Metals (V.TM).
Kombat copper/silver mine in Namibia, shut down in 08' due to lower prices and liquidity issues.
2% copper, some silver, and $100M in infrastructure that is mostly in good state, obviously some components will need to be replaced.
Rail access to coast, a lot of the costly parts done for a 1000 TPD mill.
Recently integrated a lot of coring work that was done, and expanded the resource (NI-43-101) from 7 MT to 39MT.
Also purchased the land offsetting and along trend with Kombat a few weeks ago.
Languishing at low levels, but if you run some basic economics this thing has high multi-bagger potential.
Be interested in some of the other knowledgable mine people on here giving an opinion, here or to me directly if you'd like.
Disclaimer: I could be an idiot, do your own due dilligence