Compass Resource’s (CMR) Browns mine is scheduled to commence production at the end of 2007, producing copper, lead, nickel and cobalt from the oxide portion of the resource. In addition, the Company is presently considering spinning off their uranium resources into a separate vehicle. In the background, feasibility work is continuing on the sulphide component of the resource, which has the potential to become the third biggest lead mine in the world.
Is there still hope for this??
CMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held