Replies to post #59328 on Savvy Trades and Investments

[researcher59]

CPPMF +.09 to .75 on heavy early volume of 1.5M. The market reacting positively to a new 10 year production plan that increases annual copper production and doubles the mine life production while staying cash flow positive ....

PR -

"The new Integrated Production Plan completely transforms the Copper Mountain operations," states Gil Clausen, Copper Mountain's President and CEO. "For minimal capital and minimal risk, we have the potential to realize significant value as we expect to increase our annual production, double total life of mine production, extend the mine life and decrease unit costs. These growth projects build upon an already solid operating base allowing us the potential to increase and advance near term cash flow. Over the next ten years the project has no negative cash flow years, and the Company is actively reviewing the replacement of the existing debt packages that would allow for significant cash to be available from cash flows that would enhance overall liquidity for the Company."