CPO 6.06% 3.1¢ culpeo minerals limited

Ann: Drilling Returns Wide Copper Intersections (Replacement), page-155

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  1. 742 Posts.
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    Thanks @Rozting, got me to dig a bit deeper.

    When Alara acquired El Quillay in Aug 2010, it came with a hefty price tag. The expectations were very high. About 250,000 tonnes of copper.

    The price tag was US$10m payable over a period of 3 years.

    Alara then purchased a copper project in Oman.

    https://hotcopper.com.au/data/attachments/5912/5912251-a4f77ae1fa7351b6466cec7448690801.jpg
    As Alara was all over the place, I wanted to look at management and found it interesting that they actually do not have a Geo!

    See below Alara senior management - where is their geo?

    https://hotcopper.com.au/data/attachments/5912/5912250-f50dfb3ef8514b0d3276afc11a751ec7.jpg
    Enter, CPO.

    We have in total 105 years of mining experience between the Directors. So we are talking a different game altogether.

    What excites me most is the latest drilling has found copper at near surface level.

    Will keep doing more research as more I do, more convinced I am.


    Last edited by Evergrayeful: 26/01/24
 
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