Public market insider buying at Copper Mountain Mining (CMMC)

Public market insider buying at Copper Mountain Mining (T:CMMC)

Gilmour Clausen, CEO, acquired 275,000 Common Shares on a direct ownership basis at a price of $0.733 on December 6th, 2018. This represents a $201,658 investment into the company's shares and an account share holdings change of 25.2%.

Copper Mountain Mining is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Copper Mountain Mining Corporation is a copper-gold producing company. The Company is engaged in the business of mineral exploration, development and operation of mineral deposits. The Company, through its subsidiary, has interests in the Copper Mountain Mine. The Copper Mountain mine project is situated 20 kilometers south of Princeton, British Columbia, and 300 kilometers east of the port of Vancouver. The Copper Mountain mine project consists of approximately 140 Crown granted mineral claims, over 150 located mineral claims, over 10 mining leases and over 10 properties, covering an area of approximately 70 square kilometers. Its Copper Mountain mine project is a conventional open pit, truck and shovel operation. Its mining equipment fleet includes two Komatsu PC 8000 hydraulic shovels, a Hitachi EX 5500 hydraulic shovel, over 10 Komatsu 240 ton capacity haul trucks, seven Euclid 260 ton haul trucks, a Komatsu WA 1200 loader and four Komatsu D375 dozers.