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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.


TSX:COPR - Post by User

Coppernico Metals Inc > Globe & Mail
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Comment by kickhorseon Nov 01, 2021 9:39am
199 Views
Post# 34072362

RE:RE:Globe & Mail

RE:RE:Globe & Mail
They don't. The bond matures in 2026 and cmmc owes about 25 million a year (usd) for the interest payments. In 26' the bond is repaid.

The flip side is that the company has close to 200 million in the bank (cdn).

The debt is there, but is serviced easily.
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