Copperbank Resources Corp. (CSE: CBK / OTCQX: CPPKF / FWB: 9CM)Trading at a 68% Discount to Peers – Initiating Coverage

CBK’s two advanced stage flagship assets, Copper Creek in Arizona (with a 2013 historic PEA) and Contact Copper in Nevada (with a 2013 PFS), have a combined BT-NPV of US$590M, at US$3.25/lb copper. CBK’s EV is just 7% of the BT-NPV. Over $120M has been spent on its projects to date.

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