OTCPK:CPPMF - Post by User
Comment by
kickhorseon Apr 29, 2021 2:29pm
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Post# 33094711
RE:doubt we could be bought out .. but cash talks
RE:doubt we could be bought out .. but cash talks If Teck came in with a 8 buck offer tomorrow, this is gone, likely at 7 or above.
I own both capstone and copper mountain, (plus fm) I think the PV years of mine life is more than 10 years, but would need to check. Cozamin was supposed to be out of production in 2021 back in 17', it now has at least ten years, with substantial deposit likely open for futher explortation. SLW did not enter that stream for a mine on its last licks, its purchase indicates Cozamin will last longer than 10 years.
SD has a long mine life.
But cmmc does have a long mine life and I await the new assays from New Ingerbelle, the current valuation by analyst does not attribute much if any NAV to this deposit. A dream brownfield if the assays come back positive. The initial few drills are intriguing. And copper porphyry deposits can be very large. As of now we have no real idea.