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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 houbahopon Oct 02, 2021 4:19am
172 Views
Post# 33957064

RE:RE:RE:RE:RE:RE:Last chance technically

RE:RE:RE:RE:RE:RE:Last chance technicallyInitiated a small long position in CMMC at $2.85 based on fundamentals.

The technicals are still bearish.
The 50-day about to cross the 200-day SMA for the death cross, although the 200 day is still in a solid upward move.
The downward trend beginning in May still has momentum.

Support at $2.75 is still holding. Next one at $1.85. Yikes!

Fundamentals are excellent as long as CU stays above $4.00/lbs.

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