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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 personalon Dec 13, 2021 12:02pm
279 Views
Post# 34225294

RE:Managing expectations and losing credibility

RE:Managing expectations and losing credibilityI agree.  I too have held CMMC for a long time I think they just dropped the ball by waiting this long.
I know Covid happened in Mach 2020 and put everything in chaos but we waited 19 months for this update. Veyr disappointing.
I should have learned from my past mistakes as the longer these decisions and porject take, the good news is very unlikely.

I know the NPV has gone up to $622 million US which close to $800 million CDN but clearly the market does not like it, no matter what kind of spin management will say. At 200 million shares that is $4.00 CDN per share but the stock price is down 6% on the news.

TD securities came out with a report on the update and called it MIXED results, mainly the NPV has gone up due to the increased in pricing of Copper and Gold.

I should have sold out long before, I should have gone with my gut insticts due to the fact this decision took a lot longer thant it should have as the economics looked very good but CMMC didd not take advantage of the positive market sentiment  a while back.

Oh well, live and learn.


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