Topic: How To Invest

Hello Pat. Your thoughts on Copper Mountain, Taseko Mines and Compliance Energy. Regards and thanks.

Article Excerpt

Copper Mountain Mining, $2.32, symbol CUM on Toronto (Shares outstanding: 77.3 million; Market cap: $178.6 million), owns 75% of the Copper Mountain project in B.C. The company’s stake in this project is its main asset. Mitsubishi Group of Japan owns the remaining 25%. Mitsubishi plans to finish a mine on the site by April 2011. So far, the mine is on schedule and on budget. To date, the company has spent $285 million out of a planned $438 million on the project. The mine is expected to reach full production by June 2011. Copper Mountain is okay for aggressive investors to hold. A: Taseko Mines, $4.77, symbol TKO on Toronto (Shares outstanding: 183.1 million; Market cap: $873.1 million), owns 100% of the Gibraltar copper/molybdenum mine in British Columbia. The company is also working on its 100%-owned Prosperity copper/gold project in central British Columbia. The Prosperity copper/gold project has received environmental approval from the British Columbia government. While the project still needs the federal…