Lotspeich: Three-time owner of Copper Flat

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By Harold Morgan

George Lotspeich may be the only New Mexican to make the cover of “Inc.” magazine. The occasion was July 1981. Lotspeich was CEO of Cobb Resources, a uranium company.
“Inc.’s” annual list of the fastest growing small pubic companies then tallied the top 100. Cobb Resources was number one with 366,567 percent five-year growth—from $2,993 in 1976 to $11 million in 1980. Though interesting 32 years later, the Inc. list and Lotspeich’s cover appearance are not the concern here.
Lotspeich has always been in involved in various things—gold and manganese starting in the 1950s, oil, copper, uranium. The Copper Flat property, along N.M. 152, west of I-25, may be the most various in that Cobb owned the property three times and sold it to developers. Twice he got it back. He hopes now to be done. “It’s got a better chance now than it has in a long time,” said. That chance comes from Themac Resources Group Limited of Vancouver, B.C. (http://themacresourcesgroup.com), and Themac’s subsidiary, New Mexico Copper Corp. of Albuquerque.

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