And this comes form none other that CMMC themselves.:
##""About Copper Mountain Mining Corporation: Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Company has a strategic alliance with Mitsubishi Materials Corporation who owns 25% of the mine. The Copper Mountain mine has a large resource of copper that remains open laterally and at depth. This large exploration potential is being explored over the next few years in order to fully appreciate the property's full development potential. Recently, Copper Mountain's acquisition of Altona Mining Limited has been completed which brings with it approximately A$30M cash, the Cloncurry project with development-ready Eva Copper Project and an extensive exploration potential in the acquired ~ 4,000 square km (379,000 hectare) mineralized land package within the highly prospective Mt. Isa inlier area in Queensland, Australia.""##
Now, and based on CMMC's comments, who is the one which got the better end of the stick deal.??
And they never offered us any lubricants to soothe the pain either....In the meantime someone got themselves a very cushy and highly paid job. Very very sad indeed although when one is playing in the sharemarket he/she has to always be ready and willing to "Expect the Unexpected". And don't forget the merciless sharks which abounds in these waters too.
There is also one more thing that I didn't know, nor that was I told or been made aware of, that Mitsubishi owns about 25% of their projects too. So, forget about future dividends....It is never ever going to happen.
In the meantime the Canadians have left the scene.......Mission accomplished..... that is what even Donald Trump said a few days ago. Did they ever got paid for their troubles.????? Who knows....Not Me.
What gest to me though, is that one was professing to be a German.
Dyor!!!
C6C Price at posting:
$1.30 Sentiment: None Disclosure: Held