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Coppernico Metals Inc. CPPMF


Primary Symbol: T.COPR

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...


TSX:COPR - Post by User

Comment by geezer21on Sep 29, 2021 8:34pm
162 Views
Post# 33941602

RE:RE:CMMC down 44% since peak in May

RE:RE:CMMC down 44% since peak in May
The pull back in share price has nothing to do with the micro fundementals of CMMC.  The pull back with CMMC and other miners is the result of macro issues.  Blow back measures from China against rising commodity prices in copper, coal, and iron. Uncertainty U.S. Federal spending flow into the U.S. economy will stop fueled stock market volitility and pull back and a flight to dollars running up the price of a USD.

As soon as this blows over CMMC will quickly bounce back. 
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