Coppernico Metals Inc. CPPMF

Primary Symbol: T.COPR

Metals & Mining Industrial Metals & Minerals

Coppernico is a mineral exploration company focused on creating value for shareholders and stakeholders through diligent project evaluation and exploration excellence in pursuit of the discovery of world-class copper-gold deposits in the Americas. The Company’s management and technical teams have a successful track record of raising capital, discovery and the monetization of exploration successes. The Company, through its wholly-owned private Peruvian subsidiary Sombrero Minerales S.A.C., is currently focused on the Ccascabamba (previously referred to as Sombrero Main) and Nioc target areas within the Sombrero Project in Peru, its flagship project, and is regularly reviewing additional premium projects to consider for acquisition. The Sombrero Project is a land package of approximately 102,000 hectares (1,020 square kilometres) located in the north-western margins of the world-class Andahuaylas-Yauri trend in Peru. It consists of a number of prospective exploration targets characte...

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Coppernico Metals Inc. > Disappointed

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Comment by philippechampyon Jul 27, 2021 9:02am

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Post# 33609261

RE:RE:Disappointed

Before the 3.8 M pounds unsold, you had another 2.3 M pounds from the two previous quarters, for a total of 6.1 M stockpile.

- last quarter of 2020 : prod 23, sales 18.7, stockpile 4.3
- first quarter of 2021 : prod 25.5, sales 27.5, stockpile - 2 = 2.3

As net income is based on sales, these discrepancies make comparisons difficult. But I agree with you : this quarter would have been much better if they had not accrued stockpile

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