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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 westcoast1000on Aug 11, 2022 3:54pm
283 Views
Post# 34889463

Eva/Management

Eva/ManagementSurely they should sell Eva, and pay down debt in Canada. They have a huge amount of land in Australia. They could sell Eva, let someone build some infrastructures in the area, and pursue another site in their properties in the future.

As for getting rid of management, I don't see how that happens unless the board chair and board majority fire Clauson. I am not at all able to judge how well they are doing, except there seems to be ongoing complaints on other boards about maintenance and hiring choices. And of course the share price in a copper boom is poor. The reduction in cash has got to be in part due to copper prices, the breakdown and related issues. Better maintenance and investment in facilities would seem imperative is we are going to keep the current management.




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