|DON'T BUY||$3.130||CAUTIOUS||NORTH AMERICAN - LARGE||No|
People are finally figuring out that these junior mining companies take a lot of money to develop. Costs to bring these projects on line are substantial. In this environment, it is a very difficult for these companies to raise the capital they need.
John O'Connell, CFA
Chairman and CEO, Davis Rea
Mr. O'Connell should learn to say "I know nothing about this company" and then take the time to look at the finacials before he comments! Copper Mountain Mining is on line and producing. Unless he knows something that the rest of us don't, CUM-T is not looking to raise capital!!!
P.S. Have a look at the opinions below to get a better idea as to what is going on at the Copper Mountain Mine.
Joe is correct. Owned it in past, they are producing and do not need to raise capital. Good little copper company.
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