Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

High Costs Leave Copper Mountain Mining Leveraged To Higher Prices

Costs matter in mining, but not always in the way that investors think. All things considered, it is better to have the lowest possible cost of production, but companies like Copper Mountain Mining (OTCPK:CPPMF, (CUM.TO)) with elevated costs can offer more upside when commodity prices rise. This company has done many things right, including getting its southern British Columbia mine up and running both on time and on budget, but production challenges and high costs loom as ongoing challenges. These shares aren't tremendously interesting at prevailing prices, but if copper goes on a tear, these shares should outperform the peer group.

One Core Asset With Growth And Expansion Potential

Copper Mountain Mining does have some potential exploration/development assets...

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