Copper Mountain Mining Corporation T.CUM

RE:We need copper to rise

[Outlander1]

I take it as a positive that the share price went up in spite of cu not moving up. Copper seems to be drifting upward a bit now so maybe we head up again today. No matter this quarter on balance should be a strong one. I believe the 3.75 puts were for q2 and q3 that price is well below q2 prices so they will remain unexercised for now. The amount of the contract is 28 million pounds=approximately 1 quarter's production. 3.75 must be a sweet spot for management and anything above is gravey. Hopefully they expire worthless and q4 gets hedged even higher.