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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (51132)	11/11/2013 4:25:23 PM
From: E_K_S	Respond to of 78715

Copper Mountain Mining Corporation (Toronto: CUM.TO/CPPMF) - Doubled up position @ 1.62/share just under the price of the private placement done at $1.70/share. There will be some stock dilution too. Aurcana Corporation (AUNFF) - Sold off high priced shares will buy back in 31 days Copper Mountain Announces Bought Deal Financing for Proceeds of Cdn$30 Million I am still positive long term for both of these miners. Companies are now well financed and producing at low costs. Each of the mines are under going expansion projects that s/d be completed and in operation by Q1 2014. Both purchases and sales are end of tax year house cleaning leaving me with 0.5% portfolio positions in each company. CPPMF should benefit from the slow real estate growth in the U.S. as copper prices should remain stable or higher from future demand.. AUNFF is more of a hedge for the portfolio against inflation but at it's current cost of production (after completion of expanded mine projects), they should begin to post very nice profits too. EKS