OTCPK:CPPMF - Post by User
Comment by
geezer21on Sep 28, 2021 10:39pm
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Post# 33935278
RE:So annoyed
RE:So annoyed
In June copper prices started pulling back but over the last two months have levelled off at the level there were at before the spike in May/June
CMMC continued to decline throughout this period. However, the share price decline has made CMMC a bargain because the fallback has exceeded the fall in the price of copper. In addition the fall back in the copper price is only back to levels seen earlier in the year. The reduced copper price will not have to big an impact on CMMC revenue and will likely be offset with increasing production.
All this makes CMMC a buy and hold.