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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 WallyHuaon May 12, 2022 10:15am
182 Views
Post# 34677543

RE:RE:RE:RE:$1 within 12 months

RE:RE:RE:RE:$1 within 12 monthsi do not think Elon Musk will buy CMMC, but i think CMMC will sell itself at 2.xx in this year. The problem is the copper price is at historical high now, but compnay cannot make enough profit to support his dream, and want spend more money on EVA. If Copper price under $4, and EVA project is over time and over buget,  they need to renew their $250M after 3-4 years, the interest rate will be 12-18%. even 20%, not 8% anymore. At that time, CMMC will go to 0.2x-0.5x.
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