OTCPK:CPPMF - Post by User
Comment by
Pat123on Oct 02, 2021 1:28pm
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Post# 33957625
RE:RE:Eva will be financed from internal cash flows
RE:RE:Eva will be financed from internal cash flowsHi Kickhorse. Finally someone that sees the debt correctly and understand the impact on perception.
I repeat...big mistake from management not to have taken the opportunity to reduce debt and Mitsubishi ownership during these once in a lifetime opportunity. We are now paying for this.
On another topic, remember 1 year ago? Copper price was around $3.20 and CMMC was trading around $1.15. This is something we need to keep in mind when you try to evaluate future scenarios. Not only looking blindly at the very upbeat scenario.
Just to be clear, I'm not bashing, I'm just underlying the facts. I've been long on this stock for almost 10 years in and out and making big profit. I'm still bullish on the stock but the trend is not looking good at all. Hoping Q3 will change that.