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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: Shorts Covering

Nov 04, 2011 05:12PM
1
Nov 04, 2011 05:42PM

Typically the short squeeze would increase the price, my guess is that people are getting impatient and they are picking off their shares as they come up. Most of the volume in my opiinion is the MM's shuffling share around and guying when they get it down to where they want.

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Nov 04, 2011 08:46PM
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Nov 04, 2011 09:02PM
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