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MM’s thoughts on C6C please

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MM’s thoughts on C6C please

You were neutral Copper Mountain Mining last June. Are you aware of their reason for selling the Eva mine and exploration site in Qld, which I believe would leave them with only their British Columbia tenement? The sacking of their CFO and recent ransomware attack are unfortunate. Do you have an updated opinion on the stock? Thanks, Jill

Answer

Hi Jill,

Sorry we’re are not an active follower of this Vancouver based company but the technical picture and news flow is not encouraging and we wouldn’t be surprised to see it test last years $1.40 low. As we said back in late 2021 this is no OZ Minerals (OZL) and should never have been valued as such.

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Copper Mountain Mining (C6C)
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