Australia's largest stock trading and investment forum Australia's #1 stock forum

C6C

Click for more information

1.88%

$3.80 copper mountain mining corporation

All good on this but there is an 8% arbitrage in selling TSX...

First 15 Last

Share
Profile

Follow
dlight

681 Posts.

30

04/10/18

19:00

Post #: 36001075
Share

Originally posted by psi81 ↑

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.

Expand

All good on this but there is an 8% arbitrage in selling TSX CMMC, buying ASX CDI's and converting them to TSX CMMC shares. Should expect c6c to hit 1.31 AUD.

C6C Price at posting: $1.23 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

OAR

Chris Judd's Talk Ya Book: Orthocell building on 'enormous potential' with steady growth - and US push to come

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

HMI

Global Lithium up 13% as it joins the ranks of battery metal players pivoting to gold

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 6 more messages in this thread...

First 15 Last

Add C6C (ASX) to my watchlist