CPO 4.55% 4.2¢ culpeo minerals limited

Fortuna Project can be life changing to investors and s/ target increased to 50c

  1. 396 Posts.
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    Fortuna project is worth a separate thread as this has started the recent rerate. I strongly believe that the Fortuna project can be a life changing opportunity to CPO investors.

    Fortuna Project is situated in the Coquimbo region of Chile, where significant outcropping high-grade copper mineralisation offers walk up drilling targets. Fortuna tenement is 4,025Ha. The Fortuna project is associated with a structural belt orientated in a NS / NW direction, about 6km long and 500m wide. Mineralisation is predominantly copper with accessory gold, silver and molybdenum (US$43,000/ mt and used in alloys).


    The Fortuna Project consists of five key prospects: La Florida, El Quillay, Vaca Muerta, Piedra Dura and Lucero. Extensive outcropping copper mineralisation and historic mining operations are present throughout the Project area.

    Below is a high level summary of current status and news we all are waiting on.

    https://hotcopper.com.au/data/attachments/5878/5878718-42522c7a8083c8de6cc505cf78645833.jpg


    Regional Map
    https://hotcopper.com.au/data/attachments/5878/5878720-b87d97b03ebc21249e60555ff4daa3a1.jpg

    Next Steps

    https://hotcopper.com.au/data/attachments/5878/5878746-84ef82c1e5a00d1d8b61fe02b053450f.jpg
    With the Fortuna project, CPO has become a hot copper stock on ASX. I have increased my holding here and reduced another copper holding I have. I am convinced risk reward here is excellent.

    After re reading the last 6 announcements and more research, I have increased my short term target to $80m MC from $20m previously. If the copper grades from assays >2%, I think a share price of >50c in the near term is not out of reach!

    This is not investment advise and please do your own research before investing your hard earned money.



    Last edited by Evergrayeful: 12/01/24
 
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