Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Metals & Mining Copper
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

Copper Mountain Mining Corporation > What's Not To Like?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(31)
•••
Comment by Pat123on Oct 06, 2022 10:33pm
161 Views
Post# 35011353

RE:RE:RE:What's Not To Like?

RE:RE:RE:What's Not To Like?From the January news release: 'The contracts cover 3.3 million pounds of copper per month through 2022. The floor price of the monthly copper options has been set at US$4.00'

Since the Copper has dropped below $4 only in the second have of the year.  The protective puts are in the money for 3 months so far and covering 10M pounds. If the copper price stays below $4 until end of year, a total of 20M ponds will be covered. Let's make a scenario of Copper at $3.50. In that situation, the company is making $10M on their put. Pretty good move.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities