Re: Let's state the obvious......
posted on
Nov 20, 2011 08:40PM
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%)
I can think of 50 great undervalued stocks out there...that's not the point.
The point is picking the company that will move first. In this case it's CUU.
CUU has the most short term (2-3 months) and guaranteed upside vs all the others.
BFS comes out and Teck starts looking at the 120 day calendar. And anything can happen before then.
Once you make your money with CUU then you can buy alot more shares of your favorite undervalued companies. That's smart investing.