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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.


OTCPK:CPPMF - Post by User

Comment by Pat123on Dec 06, 2021 10:58pm
181 Views
Post# 34204835

RE:RE:RE:RE:CMMC a value trap

RE:RE:RE:RE:CMMC a value trapWannabebuffet. I never said that Mitsubishi owns 25% of Eva. Please re read my post.


Please tell me where you are seeing a lie in the following points regarding Mitsubishi. 

  • 25% of the BC mine
  • 100% of the production going to supply Mitsubishi. 
  • CMMC is paying $20M interest per year on a reverse debt and will still have a debt of 250M to Mitsubishi in 4 years. +++In current market, they should have taking this incredible opportunity to reduce their debt like all the other copper producers and all oil companies are doing+++
  • Mitsubishi will be financing a big portion of Eva in exchange of an important participation in Eva and 100% of the production. 
  • Current debt + Eva capital need, we could end up with $600-700M in debt to Mitsubishi. 

Finally, since you seem to have a better understanding of this company, please explain why the stock is so undervalued. And please don't put all the blame on Eva decision delay. We are hearing that same song for more than a year and a half. 
 
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