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Coppernico Metals Inc CPPMF


Primary Symbol: T.COPR

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

Post by downwithdotcom1on Nov 05, 2021 10:23am
260 Views
Post# 34091619

govt actions impacting commodity prices..

govt actions impacting commodity prices..Run-away commodity prices is causing CHINA to interfere with free market forces (just like they have always done with their currencies that made them so rich in the 1st place-but i digress))..Not to long ago it was NICKEL and now its COPPER where CHINA threatens/actually does release parts of their so called strategic reserves to lower prices BUT WHAT"s GOING ON BEHIND THE SCENES like this LME maneuver over inventories..who was behind that??? Another action is CHINA just tells state owned entities TO JUST STOP BUYING..like it did with coal and iron ore..good business?? hardly..but now the US and BIDEN joining in with threatening to release SPR reserves if OPEC doesn't lower prices...Point is,  at these prices ie Cu such things as falling inventories are a double edged sword and could hurt as much as help far larger than any specific company action...dwdc
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