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Coppernico Metals Inc CPPMF


Primary Symbol: T.COPR

Metals & Mining Industrial Metals & Minerals
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

Coppernico Metals Inc > reason to buy
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Comment by Pat123on Jan 31, 2023 7:12pm
159 Views
Post# 35258225

RE:reason to buy

RE:reason to buyAgree to the potential takevover candidate. I hope they will take time to improve the current production efficiency before starting the expansion to 65kptd. The initial capex is around $240M usd ($320M cad) for a pretty low copper grade of 0.25. Cash flow from operation will not be enough to finance this.
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Dealroom for high-potential pre-IPO opportunities