C6C 1.88% $3.80 copper mountain mining corporation

Extraordinary upside, page-14

  1. 5,334 Posts.
    lightbulb Created with Sketch. 581
    Finding copper doesn't equate to reserves though. Of all the drilling since VCN merged with URL, only Turkey Creek has led to new reserves and that was an accidental discovery.

    There have been some promising leads but Eva needs to stand on its own merits. The grades here are so marginal that it's going to take a lot of drilling and testwork to answer the question of whether any of these leads will result in new reserves. Personally my plan would be to get Eva up and running, but plan for a 20 year mill life. Depreciate the mill based on Eva's reserves and then focus on the satellite deposits. Even if they only provide another 1-2 years they are cream on top.
 
watchlist Created with Sketch. Add C6C (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.