Ann: High Grade Copper and Molybdenum Results From Lana Corina, page-18

• No interest is copper stocks
• $4.15/lbs isn't high enough to attract generalist inflows. need a clear breakout above $5.30 and breaking through $6 fast
• No cash and always looking for a raise, very obvious to retail
• Association with TSO has killed all CPO sentiment
• What the directors need to do is show the market they can successful secure an exit with TSO
• Alot of the major CPO shareholders are also TSO shareholders. So with a TSO Takeover, money will then flow into CPO
• CPO becomes properly institutional investable after the TSO exit because

1. Directors will have recent track record of development and exit success
2. The CPO assets are still in early stage exploration however, institutions will back directors and the board
3. Retail/generalist will have confidence of management replicating a successful exit of TSO with a future exit of CPO
4. All factors above will re-rate CPO IMO to around $80mil valuation

So there is the very frustrating scenario for CPO shareholders of waiting for the above to happen. Because if it doesn't happen CPO becomes another stranded explorer and can only raise $1.5mil a year to drill 5 holes and dilute shareholders to kingdom come.

The sooner they can secure an exit for TSO (and it needs to be a decent one) the sooner they can get CPO back on track because CPO is the real $1bil future valuation play.

So i hope they take things seriously with TSO and the exit needs to be as fast as possible. CPO currently is just a sad and sorry stock.