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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

Post by westcoast1000on Aug 11, 2022 3:54pm
282 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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