Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

Peter HodsonConstellation Copper Corp.CCU.H.VDON'T BUYDec 14, 2007

This has been a disaster in the copper space. Did a financing at $2 and he was so annoyed at the financing that he got out. Company just announced that they have liquidity problems.
$0.09

Stock price when the opinion was issued

metal mines
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

SELL
Copper prices have dropped precipitously. This is a very small company and very speculative. Doesn't think there will be near-term production and financing will be next to impossible to acquire.
HOLD
Had been a past favourite but price has been disappointing and he sold some time ago. Need substantial financing to get the Mexican properties going.
HOLD
Doesn't feel the story is too compelling. Thinks they disappointed in their yield. The fact that copper formed a double top didn't help either. Chart shows a falling wedge, so maybe the worst is over. If you are in the stock, be patient. Something in the fundamentals is still not resolved.
BUY
Forming a base. Should be OK if you are patient.
BUY
Likes their projects, the copper one in Utah and the zinc one in Mexico. Good buy at these levels.
DON'T BUY
Of all the commodities, copper is the most vulnerable in terms of price decline. Had some production problems. Did an issue that he doesn’t agree with.
BUY
Has not recovered back to where it was before it did its financing. Pretty good asset. Have solved some of their production hiccups and the worst is over. Takeover target.
HOLD
Not real happy with the company at this point in time. Did a financing 2 weeks ago to increase their exploration budget. Felt it was completely unnecessary.
BUY
June/July production was a little behind forecasts. Expects investors from here on in will be more focused on intermediate and junior mining companies.
HOLD
A copper company at 4 X cash flow. Even with lower copper prices, the stock will trade down but is still worth north of two dollars.
BUY
The main property in Utah will be in production in 3 years. They have a zinc play that will probably come on in 2008. At this point you should be getting a pretty decent cash flow. In a geographically safe area.
BUY
Net asset value is higher than current market price. You may get a situation where it is either acquired or revalued. A big block of stocks overhung the market and it got pushed up to that block so there are no incremental buyers in the short-term.
BUY
He is a bull on copper. Has the potential to become another AUR (AUR-T). Because of its vast rise, he just took some money off the table. Speculative.
BUY
This can become another Aur Resources in the next three to five years.