Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by personalon Mar 11, 2021 12:36pm
412 Views
Post# 32773452

1st quarter projection

1st quarter projectionIf I do a back of the envelope caluculation, below is what I come up with on sales and gross profit.


Copper - 23 million @4.00 US @1.30 CDN = 119.00 million
Gold - 9,000 @1,800 US @ 1.30 CDN = 21.00 million
Silver - 145,000 @ 26.00US @ 1.30 CSN = 4.9 million


                                                                  1at QT 2021                            4th QT 2020

Total saes 1st quarter =                              145.0 million                              106 million
Gross profit of 50% before depreciation =   72.00 million                               53 million


That is a 19 million increase in gross profit (% is an estimate based on 4th quarter nummbers) divided by 200 million shares = .10 extra for the quarter

Would you want to buy any other copper stock?
If so, please tell me, and don't tell me some small exploration company.



<< Previous
Bullboard Posts
Next >>