Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (48487)	6/28/2012 2:48:05 PM
From: E_K_S	Read Replies (1) of 78715

Copper Mountain Mining Corporation (CPPMF) Copper Mountain Mining Corporation (CUM.TO) ( finance.yahoo.com ) Web Site: cumtn.com Started a tracking position in CPPMF. This is natural resource play for Copper and a hedge for a continued strong $US. Stock trading at a 52wk low. 2011 Presentation - goo.gl o Recognized revenue of approximately $66.5 million for the first four months of production (Gross profit $16.2 million) o Average realized price of $3.55/ pound of copper, $1720/ ounce of gold, & $34 / ounce of silver (US$) o Site cash costs per pound of copper produced US$1.26 (net of precious metal credits) o Total cash cost per pound of copper sold US$1.71 (net of precious metal credits) o Cash margin of $1.84 (US$)per pound of copper sold • Total Operating Costs Net Of Credits* $US/ lb $1.80 o 17 year mine production life. ------------------------------------------------------------ BV = $1.78/share; With current production (w/ recent new mine opening) Forward PE= 2.67 COPPER FUTURE (USd/lb.)$333.250 -2.400 -0.72% Cost of production is 1.85x spot price. So they are profitable at current production Just a tracking position now, Have GTC order for another lot at $2.47/share. CPPMF is quoted/sold in $US prices . The active volume is on the Toronto Exchange CUM.TO and their quote is in $CAN. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next