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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

Post by Barewoodon Jun 15, 2021 10:14pm
284 Views
Post# 33393644

Copper price will surge again

Copper price will surge againThere is no way the Chinese will be able to meet global demand for copper even if they do release reserves. 3% of the World's copper supply remains in the ground and now there is a global environmental shift to electrification. The Americans are the World's largest consumer of manufactured goods, so being that the Chinese do release their reserves in an attempt to control this and other commodity's price, it won't last long because it will be bought up only to see the metal's price double over the next few years. China will need their researves to stay competitive and not having to sell it off only to pay more to meet their demand down the road. Investor fear is what drove this down, not supply and demand.
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