Seeking Alpha

HudBay Minerals issues 2014 production guidance, shares +1%

  • In its 2014 production forecast, HudBay Minerals (HBM +1%) sees 2014 copper production of 41K-55K metric tons, zinc production of 87K-105K metric tons, and precious metals production of 101K-123K oz.
  • HBM forecasts capital investment of ~$1B, including $904M in growth initiatives.
  • Commercial production from the Reed mine expected in H1 2014 and commercial production from the main production shaft at the Lalor project expected to be declared in H2 2014.
Comments (1)
  • I have been buying and selling this stock for many years,had to cash in warrants that I was buying for pennys, many years back and watched and sold this stock on its run to 28,plus.Then back to say its five year low of ,6.5 or there about,i punted my last 500 shares at 18,plus.yes HBM.to will be watched and traded some over here,but since 2010 not so excited,but will be again. I am hoping with some better days to come for this stock, thinking watching.
    I'm oily now !,,,su.to,boring, cne.to rrx.to a couple runners of late. I'm wanting, and have been waiting to pull the trigger on some golds stocks in the next few months or so.I do have a few ducks I like.Any thoughts?
    9 Jan, 07:53 AM Reply Like
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