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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

Capstone Copper Corp. is a copper producer operating in the Americas. It is engaged in the production of and exploration of base metals in the United States (US), Mexico, and Chile, with a focus on copper. The Company, through a wholly owned Chilean subsidiary, Mantos Copper S.A., owns and operates the Mantos Blancos mine, located 45 kilometers (km) northeast of Antofagasta, Chile and the 70%-owned Mantoverde mine, through a subsidiary, Mantoverde S.A., located 50 km southeast of Chanaral, Chile. It owns and operates the Pinto Valley mine located in Arizona, US, Cozamin mine located in Zacatecas, Mexico, and has a portfolio of exploration properties in Mexico. It also holds the fully permitted Santo Domingo copper-iron-gold-cobalt development project in the Atacama region of Chile, 35km northeast of Mantoverde. Through Compania Minera Sierra Norte S.A., it owns 100% of Sierra Norte, an iron oxide copper gold deposit located in Chile's Atacama Region, that spans over 7,000 hectares.


TSX:CS - Post by User

Comment by goldanalyston May 20, 2021 7:04am
197 Views
Post# 33236168

RE:RE:what a $hit show!

RE:RE:what a $hit show!For the most part I agree with you.

However, the copper story has changed.
The leftist governments of Peru and Chile
are going to wreak havoc in the minerals 
markets for years to come. To that end, you are correct that we are fortunate to have production outisde those countries. What we saw yesterday was a knee jerk reaciton to China's threat about dealing with sky high commodity price but in reality there little China can do but saber-rattle. Copper will increase in price in the years to come. The reality is that demand is increasing worldwide but suppy is decreasing and is often found is unsavoury jurisdictions like Peru, Chile & Congo. Serves the world right for focussing all it's energy on developing technologies without paying much mind to the commodities that underpin that development. The USA and Europe better get moving on securing supply from other places and soon because if those leftist governments in Chile and Peru get those taxes they so crave ....Copper @ $4.50 will be a distant memory~

The copper market will recommence it's upward trajectory once the general market digests the fact that there is very little China can do about high commodity prices unless they want to take their country backwards~

The sticker shock will wear off....Higher commodity prices are here to stay until the electrifcation of the world is complete~

GLTA
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