Here's a micro cap company with a 50-50 JV with Teck on a deposit based in Peru (not the most stable of jurisdictions). I have been monitoring them casually for the past year or two. They have fallen like a rock, once trading at $1.40 in 2008, hitting 3 cents last week.

But news comes this morning that Mitsubishi Materials Corp. is making a $22.6 million investment in the Zafranal project for 20% indirect interest.

It bumped the stock up as high as 8.5 cents in early trading, but it has bumped up and down since then (great if you just bought AQM recently, but still terrible if you owned any shares at 10 cents or more).

How does this relate to CUU? I don't know, but even investment from a third party doesn't guarantee a huge recovery after the erosion of share prices over the past year.

Here's a bit of background on Zafranal:

The Company published a favourable independent Preliminary Economic Assessment ("PEA") in January 2013 which calculated a NI 43-101 compliant Measured and Indicated Resource of 557.2 Mt grading 0.36% Cu and 0.07 g/t Au. The PEA was completed by Tetra Tech WEI Inc., ("Tetra Tech"), and contains production parameters, capital costs, operating costs, pre-tax and post-tax financial projections for an open pit mine processing 80,000 t/d of mill feed and a leach operation based on the treatment of approximately 20,000 t/d of oxide and secondary sulphide material. Using long-term forecasted copper and gold prices of US$3.00/lb and US$1,274/oz respectively; and an initial capital cost of US$ 1,520 million, the Project is projected to yield a post-tax Net Present Value at 8% discount rate, of US$ 588 million and an internal rate of return (IRR) of 17.4%. The valuation is based on 100% of the Project and 100% Equity. The reader should be aware that the preliminary economic assessment is preliminary in nature, and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. The reader should also be aware that there is no certainty that the results forecast in the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

http://www.4-traders.com/AQM-COPPER-INC-8023718/news/AQM-Copper-Inc-AQM-Copper-Announces-Mitsubishi-Materials-Investment-in-Zafranal-17064305/