Capstone Copper Corp T.CS

we are toast with these results

[Redfoxy]

at end of day CS price and cost structure only makes sense with >$3 US per lb.  Salvation may be Santa Domingo but they have stayed quiet on that front.
No discussion as to what to do with the funds in the bank....as I would think financing can be by banks given their financial strength.
Not a great day for CS shareholders and I admit to my mistake in buying this.
Still there is potential for SP to move north of $6 but am afraid that i personally paid too much and may need to re-look at whether better to stay here and weather the storm or move to something better (perhaps Copper Mountain?)

any thoughts from long honlders of CS?

[kickhorse]

I don't know your acb, but I think you're overreacting to the slight earnings dissappointment.  CS is not a high tech growth stock, a slight miss is a different animal than when, for example, ZM or SNAP miss. Cozamin continues to produce  with aisc of less than a dollar even after the silver royalty agreement. PV production was hampered by weather and this increased its acb to c

[toro404]

I concur with Kickhorse, CS runs in same general trend as spot copper.  Buying single names has operational risks than a blend of names.  So if SD is a unique catalyst for CS, then we will know the news for this project by end 2021 per Q3 conf call and whether it is additive/subtractive to the price. Here is the pattern for selective names on my list in this space, whatever your ACB is,

[toro404]

Oops, dunno how to post a chart, but just use stockchart.com and insert these names on decending ROC in a candleglance. CMMC.TO,ERO.TO,CS.TO,$COPPER,ARG.TO,SLS.TO,WRN.TO,JOSE.TO

[kickhorse]

https://stockcharts.com/h-sc/ui?s=$COPPER&p=D&b=3&g=0&id=p19396840257&a=913456978&listNum=1 Here is a cu chart that provides a visual of the recent breakout of the triangle formed off the May high.

[Redfoxy]

thank you to those that posted the thoughtful and respectful responses.  Very useful and helps to allay some fears that "i was in on this on my own".  Clearly I bought at a high point and am underwater.  I did look at Copper Mountain / and other Canadian listed copper producers. I did my due diligence and read all of the analyst reports and relied mostly on TDWaterhouse

[woody999]

How about a merger with Copper Mtn. Now there would be a powerhouse of copper

[kickhorse]

I agree, have thought it makes sense for sometime. CMMC is subject to discount as a one mine company, CS has the money to assist with development. Together they would make a very sound company that in turn would be attractive to a major. Three operating mines, two greenfield and a brownfield with further exploration rights. Don't know the corporate cultures well enough to know whether that

[DAGUY]

Wondering if SD is imminent if they didn't talk a lot about it??? I think SD is going to add lots to the share price with cobalt and copper, iron will be nice too, too bad its value has sunk.