Coppernico Metals Inc CPPMF

Primary Symbol: T.COPR

Metals & Mining Industrial Metals & Minerals

Coppernico Metals Inc. is a Canada-based mineral exploration company. The Company is principally engaged in the acquisition and exploration of mineral property interests. The Company is focused on exploration and discovery of copper-gold deposits in the South America. The Company’s primary asset is the Sombrero copper-gold project located in southern Peru. The Sombrero Project is a land package of approximately 102,000 hectares located about 340 kilometers SE of Lima in southern Peru. The concessions are hosted in the northwestern extension of the Andahuaylas-Yauri belt. The principal targets at Sombrero are copper-gold skarn, porphyry systems and precious metal epithermal deposits. The Company’s subsidiary is Sombrero Minerales, S.A.C.

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Coppernico Metals Inc > Last chance technically

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Comment by geezer21on Oct 07, 2021 12:44pm

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Post# 33982745

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

Exactly. This debt is good debt because they have the capacity to carry it. Rather then use cash flow to pay it down and delay growth cash flow can fund 1) upgrade to the plant to increase production and reduce costs, 2) expand resources with exploration, and 3) develop Eva.

These investments will net far more than the interest on the debt.

The upgrade to the plant and reduction of costs alone should more than cover off interst on the debt.

Poster "Rational43" pointed out there will be a 15 to18 % increase in production.

https://www.startengine.com/liquidpiston?utm_source=landingpage&utm_medium=paid_ads&utm_campaign=liquidpiston_webflow

It is a smart move. It is good debt to hold on to.

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